[384 Relevant derivative contract debits]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[384  Relevant derivative contract debits]

[(1)     This section applies for the purposes of section 382.

(2)     An amount is a “relevant derivative contract debit” if—

(a)     it is a debit that is (or apart from this Part would be) brought into account for the purposes of corporation tax in respect of a derivative contract under—

(i)     Part 3 of CTA 2009 as a result of section 573 of that Act (derivative contracts for purposes of trade), or

(ii)     Part 5 of that Act as a result of section 574 of that Act (other derivative contracts),

(b)

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