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StatuteCorporation Tax Act 2010

Section 157 — Corporation Tax Act 2010: Introduction to Chapter

Text of the provision Official document

Introduction to Chapter 157 1 This Chapter applies for the purposes of sections 143(3)(b) and (c), 144(3)(b) and (c) and 151(4)(a) and (b).

2 For the purposes of this Chapter—

a “ new consideration ” has the meaning given by section 1115, and b all loans are regarded as being securities.

Official source: legislation.gov.uk

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