[395 Amount of interest allowance for a period of account that is “unexpired” in later period]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[395  Amount of interest allowance for a period of account that is “unexpired” in later period]

[(1)     This section contains provision for determining for the purposes of this Chapter the extent to which an interest allowance of a worldwide group for a period of account (“the originating period”) is “unexpired” in a later period of account of the group (“the receiving period”).

(2)     If the receiving period—

(a)     begins 5 years or less after the originating period begins, and

(b)     ends 5 years or less after the originating period ends,

all of the interest allowance for the originating period is unexpired in the receiving

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