Section 484 — Corporation Tax Act 2009: Provision not at arm's length: meaning of “interest” and “money debt”

Provision not at arm's length: meaning of “interest” and “money debt” 484 1 References in this Chapter to interest payable on a money debt include a reference to any amount which because of Part 4 of TIOPA 2010 (provision not at arm's length) falls to be treated as—

a interest on a money debt, or b interest on an amount (“the notional debt”) which is treated as a money debt.

2 Accordingly, references in this Chapter to a money debt include references to the notional debt.