Part 5 Other Provision Relating to Finance Arrangements
Finance Act 2012 (2012 c 14) | Legislation

Part 5 Other Provision Relating to Finance Arrangements

Chapter 5B of Part 13 of ITA 2007

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Chapter 5B of Part 13 of ITA 2007 (finance arrangements) is amended as follows.

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In section 809BZA (type 1 finance arrangements: definition) after subsection (2) insert—

“(2A)     For the purposes of subsection (2)(c) it does not matter if an entitlement of the lender or a person connected with the lender is subject to any condition.â€

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(1)     Section 809BZF (type 2 finance arrangements: definition) is amended as follows.

(2)     In subsection (2)(b) after “transferor†insert “or a person connected with the transferorâ€.

(3)     After subsection (2) insert—

“(2A)     For the purposes of subsection (2)(e) it does not matter if any determination of the share

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