152 Arm's length provision where actual provision relates to securities
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

152  Arm's length provision where actual provision relates to securities

(1)     This section applies where—

(a)     both of the affected persons are companies, and

(b)     the actual provision is provision in relation to a security issued by one of those companies (“the issuing company”).

(2)     Section 147(1)(d) is to be read as requiring account to be taken of all factors, including—

(a)     the question whether the loan would have been made at all in the

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