[259CA Circumstances in which the Chapter applies]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[Application of Chapter]

[259CA  Circumstances in which the Chapter applies]

[(1)     This Chapter applies if conditions A to D are met.

(2)     Condition A is that a payment or quasi-payment is made under, or in connection with, a financial instrument.

(3)     Condition B is that—

(a)     the payer is within the charge to corporation tax for the payment period, or

(b)     a payee is within the charge to corporation tax for an accounting period some or all of which falls within the payment period.

(4)     Condition C

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