Taxes Consolidation Act, 1997
|
The relevant accounting period, etc. [CTA76 s115] |
419.—(1) In this Chapter, “the relevant accounting period” means— | |
(a) in a case within section 412 (1), the accounting period current at the time in question, and | ||
(b) in a case within section 412 (2), the accounting period in relation to which the share in the consortium is to be determined. | ||
(2) For the purposes of sections 413 to 418 , a loan to a company shall be treated as a security whether or not it is a secured loan and, if it is a secured loan, regardless of the nature of the security. |