Corporation Tax Act 2010

Application of section 779 (income-transfer under loan or credit transaction)

This section has no associated Explanatory Notes

89In relation to a transfer before 22 April 2009, section 779(4) has effect as if—

(a)after “if it” there were inserted “assigns,” and

(b)after “forgoes it” there were inserted “(without a sale or transfer of the property)”.