Explanatory Notes

Finance Act 2013

2013 CHAPTER 29

17 July 2013

Introduction

Section 79, Schedule 30: Close Companies

Details of the Schedule

Amendments to section 459 CTA10

7.Paragraph 4 ensures that from 20 March 2013, the restrictions on relief introduced by new section 464C and new section 464D also apply to any loans or advances treated as made to a relevant person under section 459 CTA10.