Finance (No. 2) Act 2015

This section has no associated Explanatory Notes

91U.K.In section 691 (meaning of “unallowable purpose”), after subsection (1) insert—

(1A)In subsection (1)(b) “related transaction”, in relation to a derivative contract, includes anything which equates in substance to a disposal or acquisition of the kind mentioned in section 596(1) (as read with section 596(2)).