357YVRelationship of Part with other corporation tax provisionsU.K.
This section has no associated Explanatory Notes
(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 [F1(including Part 2 of FA 2012: but see also section 357YDA)].
(2)This Part has effect regardless of section 464(1) of CTA 2009 (priority of loan relationship provisions).
Textual Amendments
F1Words 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