28(1)[F1Section 444 of the Corporation Tax Act 2009] is not to have effect where, as a result of a relevant transfer, the transferee replaces the transferor as a party to a loan relationship.E+W+S
(2)Expressions used in this paragraph and in [F2Part 5 of the Corporation Tax Act 2009] have the same meanings in this paragraph as in [F2that Part].
Textual Amendments
F1Words in Sch. 10 para. 28(1) substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 667(7)(a) (with Sch. 2 Pts. 1, 2)
F2Words in Sch. 10 para. 28(2) substituted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 667(7)(b) (with Sch. 2 Pts. 1, 2)
Commencement Information
I1Sch. 10 para. 28 in force at 24.7.2005 by S.I. 2005/1909, art. 2, Sch.