276 Conditions relating to income

276  Conditions relating to income

(1)     Subsections (2) and (3) apply in determining for the purposes of the nature of income condition and the income retention condition—

(a)     the amount of a company's income, or

(b)     the amount of income which a company derives from shares or securities.

(2)     The amounts to be brought into account under [Part 5 of CTA 2009] in respect of the company's loan relationships are to be determined without reference to any debtor relationship of the company.

(3)     The excess

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