PART 8C Restitution interest

CHAPTER 5 Supplementary provisions

357YV Relationship of Part with other corporation tax provisions
(1) So far as restitution interest is charged to corporation tax under this Part it is not chargeable to corporation tax under any other provision (including Part 2 of FA 2012: but see also section 357YDA).
Words in s. 357YV inserted (with effect in accordance with reg. 2 of the amending S.I.) by The Corporation Tax Act 2010 (Part 8C) (Amendment) Regulations 2017 (S.I. 2017/364), regs. 1, 9
(2) This Part has effect regardless of section 464(1) of CTA 2009 (priority of loan relationship provisions).
Pt. 8C inserted (18.11.2015) (with effect in accordance with s. 38(9)-(12) of the amending Act) by Finance (No. 2) Act 2015 (c. 33), s. 38(3)