Taxation (International and Other Provisions) Act 2010 (c. 8)

SCHEDULES

SCHEDULE 9 U.K. Transitionals and savings etc

Part 12 U.K. Factoring of income etc

Application of section 809CZC of ITA 2007 (income-transfer under loan or credit transaction) U.K.

44 U.K. In relation to a transfer before 22 April 2009, section 809CZC(4) of ITA 2007 (which is inserted by Schedule 5 to this Act) has effect as if—

(a) after “the person” there were inserted “ assigns, ” and

(b) after “it” there were inserted “ (without a sale or transfer of the property) ”.