568 Restriction on credits on old contracts: fair value accounting cases
Corporation Tax Act 2009 (2009 c 4) | Legislation

568  Restriction on credits on old contracts: fair value accounting cases

(1)     This section applies if—

(a)     at all times since the old contract was made the rights conferred by it have been in the beneficial ownership of the relevant company,

(b)     the company brings into account credits and debits in respect of the old contract on the basis

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