545 Ignoring effect on lender etc of sale of securities
Corporation Tax Act 2009 (2009 c 4) | Legislation

545  Ignoring effect on lender etc of sale of securities

(1)     This section applies if a company (“the lender”) has a creditor repo or a creditor quasi-repo.

(2)     For the purposes of the charge to corporation tax in respect of income of the lender arising while the arrangement is in force, the Corporation Tax Acts have effect

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