496 Meaning of “hedging relationship”
Corporation Tax Act 2009 (2009 c 4) | Legislation

496  Meaning of “hedging relationship”

(1)     For the purposes of section 494, in relation to an open-ended investment company, a unit trust scheme or an offshore fund, there is a hedging relationship between a derivative contract (“the hedging instrument”) and an asset (“the hedged item”) so far as

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