Corporation Tax Act 2009

708“Plain vanilla contract”U.K.
This section has no associated Explanatory Notes

In this Part “plain vanilla contract” means a relevant contract other than one to which a company is treated as being a party under—

(a)section 584 (hybrid derivatives with embedded derivatives),

(b)section 585 (loan relationships with embedded derivatives), or

(c)section 586 (other contracts with embedded derivatives).