659 Meaning of “relevant credits” and “relevant debits”
Corporation Tax Act 2009 (2009 c 4) | Legislation

Interpretation

659  Meaning of “relevant credits” and “relevant debits”

(1)     This section applies for the purposes of this Chapter.

(2)     In the case of a derivative contract which is not one to which section 650 (property based total return swaps) applies for an accounting period, the relevant credits and debits are the credits and debits which are given in relation to the derivative contract for the accounting period by section 595.

(3)

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