[809CZC Tax charged on income transferred]
Income Tax Act 2007 (2007 c 3) | Legislation

[809CZC  Tax charged on income transferred]

[(1)     This section applies if—

(a)     under a loan or credit transaction a person transfers income arising from property,

(b)     the person is not, as a result of Chapter 5B (finance arrangements), chargeable to income tax on the income transferred, and

(c)     the person is within the charge to income tax.

(2)

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