5U.K.For the purposes of Chapter 4 of Part 5 of the Corporation Tax Act 2009 (loan relationships: continuity of treatment on transfers within groups or on reorganisations) the transferor and transferee are to be treated in relation to a relevant transfer as if, for the purposes of the transfer, they were members of the same group.
Commencement Information
I1Sch. 2 para. 5 in force at 1.10.2011 by S.I. 2011/2329, art. 3