Statute
Section 1005 — Corporation Tax Act 2010: Meaning of “non-commercial securities”
Text of the provision Official document
Meaning of “non-commercial securities” 1005 For the purposes of paragraph E in section 1000(1) securities of a company are non-commercial securities if the consideration given by the company under the securities for the use of the principal secured by them represents more than a reasonable commercial return for the use of that principal.
Official source: legislation.gov.uk
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