This section has no associated Explanatory Notes
707U.K.In section 899(4)(b) (meaning of “qualifying annual payment”) for “charged to corporation tax under Case III of Schedule D” substitute “which is—
(i)required to be brought into account under Part 5 of CTA 2009 (loan relationships) as a non-trading credit, or
(ii)from a source in the United Kingdom and chargeable to corporation tax under Chapter 5 of Part 10 of that Act (distribution from unauthorised unit trusts) or Chapter 7 of that Part (annual payments not otherwise charged).”