Income Tax (Trading and Other Income) Act 2005 Explanatory Notes

Paragraph 115: Pre-9th April 2003 contract or policy: loans to trustees

3640.This paragraph reflects the commencement provisions for the source legislation which added loans to trustees to the scope of the provisions rewritten in sections 500(c) and 501. It is based on paragraph 9 of Schedule 34 to FA 2003.

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