The Loan Relationships and Derivative Contracts (Disregard and Bringing into Account of Profits and Losses) Regulations 2006
1Citation, commencement and effect
2Interpretation
3Interpretation of “hedging relationship” and related expressions
4Disallowance of certain exchange losses where obligations may be settled in more than one currency
5Disallowance of certain losses arising on derivative contracts

2006 No. 843

CORPORATION TAX

The Loan Relationships and Derivative Contracts (Disregard and Bringing into Account of Profits and Losses) Regulations 2006

Made

Laid before the House of Commons

Coming into force

The Treasury make the following Regulations in exercise of the powers conferred by sections 84A(3A) of the Finance Act 19961 and paragraphs 16(3A) and 17C(1) of Schedule 26 to the Finance Act 20022.