Part 6

Relationships treated as loan relationships etc
Chapter 2

Relevant non-lending relationships

Application of Part 5 to relevant non-lending relationships

Miscellaneous rules about amounts to be brought into account because of this Chapter
482
1
Any credits or debits which—
a
relate to interest payable under the Tax Acts, and
b
fall to be brought into account because of this Chapter,
are treated for the purposes of Part 5 as non-trading credits or debits.
2
The credits to be brought into account for the purposes of that Part in respect of a discount arising from a money debt under a relevant non-lending relationship are to be determined using an amortised cost basis of accounting.