Part 6Relationships treated as loan relationships etc

F2Chapter 2BTransferred income streams

Annotations:
Amendments (Textual)
F2

Pt. 6 Ch. 2B inserted (with effect in accordance with Sch. 25 para. 10 of the amending Act) by Finance Act 2009 (c. 10), Sch. 25 para. 8(3)

486FIntroduction to Chapter

1

This Chapter provides for Part 5 to apply in relation to a company to which an income stream transfer is made (“ the transferee ”).

2

An “income stream transfer” is a transfer by a person (“ the transferor ”) to which either of the following provisions applies—

a

F1Chapter 1 of Part 16 of CTA 2010 (transfers of income streams by companies), or

b

Chapter 5A of Part 13 of ITA 2007 (transfers of income streams by individuals).