[F1564MTreatment of alternative finance return as interest for ITTOIA 2005U.K.
This section has no associated Explanatory Notes
(1)Alternative finance return is treated as interest for the purposes of ITTOIA 2005.
(2)References to interest in section 380 of that Act (funding bonds) include references to alternative finance return.]
Textual Amendments
F1S. 564M and cross-heading inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 2 para. 14 (with Sch. 9 paras. 1-9, 22)