Section 742B — Income Tax Act 2007: Value of certain benefits

Value of certain benefits 742B Sections 742C to 742E apply where it is necessary, for the purpose of calculating a charge to income tax under the preceding provisions of this Chapter, to determine the value of a benefit provided to a person by way of—

a a payment by way of loan (see section 742C),

b making available movable property without any transfer of the property in it (see section 742D), or c making available land for use without transferring the whole interest in it (see section 742E).