Section 477 — Corporation Tax Act 2009: Overview of Part

Overview of Part 477 1 This Part deals with matters treated for some or all purposes as loan relationships or rights, payments or profits under loan relationships.

2 See, in particular—

a Chapter 2 (relevant non-lending relationships), aa Chapter 2A (disguised interest), ab Chapter 2B (transferred income streams),

b Chapter 3 (OEICs, unit trusts and offshore funds),

c Chapter 4 (building societies),

d Chapter 5 ( registered societies ),

e Chapter 6 (alternative finance arrangements),

f Chapter 6A (shares accounted for as liabilities),

g Chapter 8 (returns from partnerships),

h Chapter 9 (manufactured interest etc),

i Chapter 10 (repos),

and j Chapter 11 (investment life insurance contracts).

3 For the relationship of this Part to other Parts of this Act, see—

a section 294(2) (which provides for references to Part 5 to be read as including references to this Part),

and b sections 464 and 465 (relationship of Part 5 and this Part to other provisions).