C1Part 7Tax treatment of financing costs and income

Annotations:
Modifications etc. (not altering text)
C1

Pt. 7 excluded by 2010 c. 4, s. 938N (as inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 2)

CHAPTER 7“Financing expense amount” and “financing income amount”

328Interpretation of sections 316 to 327

In sections 316 to 327 “finance arrangement” means—

a

in the case of an amount that is a debit or credit that meets the condition in section 313(2) or 314(2), the loan relationship to which the debit or credit relates,

b

in the case of an amount that meets the condition in section 313(4) or 314(4), the finance lease to which the amount relates, and

c

in the case of an amount that meets the condition in section 313(5) or 314(5), the debt factoring or similar transaction to which the amount relates.