1106.This section defines the term “associate”. It is based on section 360A(2), (4) to (7) and (10) of ICTA.
1107.The reference in section 360A(5) to Schedule 8 to ICTA has been replaced by a reference to the relevant provisions in ITEPA.
1108.Section 360A(8) and (9) of ICTA relate to loans made before 14 November 1986. Those rules are contained in Part 9 of Schedule 2 to this Act.
1109.Section 360A(3) of ICTA is redundant and has not been rewritten.
Commentary on Sections Overview Overview Section 395: Meaning of “associate” in section 394