49 Restricting section 44(3) if company is a bank or connected with a bank
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

49  Restricting section 44(3) if company is a bank or connected with a bank

(1)     Section 44(3) is subject to subsection (2) of this section if—

(a)     the company is a bank or is connected with a bank, and

(b)     the amount of the included funding costs is significantly less than the amount of the notional funding costs.

(2)     The amount of the

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