Corporation Tax Act 2010 (c. 4)

Schedules

SCHEDULE 2 U.K. Transitionals and savings etc

Part 16 U.K. Factoring of income etc

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

89 U.K. In 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) ”.