Section 564I: Purchase and resale arrangements
767.This section explains the meaning of “alternative finance return” in relation to the purchase and resale arrangements in section 564C. It is based on section 47(4), (6), (7) and (8) of FA 2005. The corresponding rule for corporation tax is section 511 of CTA 2009.
768.It provides for circumstances where the second purchase price is paid either immediately or in instalments.