7E+W+SNo credit or debit shall be required or allowed, in respect of a relevant transfer, to be brought into account in the transferor's case—
(a)for the purposes of [F1Part 5 of the Corporation Tax Act 2009] (loan relationships); or
(b)for the purposes of [F2Part 7 of the Corporation Tax Act 2009 (derivative contracts)].
Textual Amendments
F1Words in Sch. 10 para. 7(a) substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 667(2)(a) (with Sch. 2 Pts. 1, 2)
F2Words in Sch. 10 para. 7(b) substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 667(2)(b) (with Sch. 2 Pts. 1, 2)
Commencement Information
I1Sch. 10 para. 7 in force at 8.6.2005 by S.I. 2005/1444, art. 2(1), Sch. 1