399 Eligibility requirements for interest on loans within section 398
Income Tax Act 2007 (2007 c 3) | Legislation

399  Eligibility requirements for interest on loans within section 398

(1)     Interest on a loan within section 398 to an individual is eligible for relief only if conditions A and B are met.

(2)     Condition A is that throughout the period from the use of the loan until the interest is paid the individual has been a member of the partnership otherwise than—

(a)     as a limited partner in a limited

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