Commentary on Sections Overview Overview Section 479: Relevant non-lending relationships not involving discounts
1346.This section deals with the first type of debt which is not a loan relationship because it does not arise from a transaction for the lending of money. It is based on section 100(1) of FA 1996.
1347.The debts within this type do not involve discounts and are debts on which interest, exchange movements or impairment losses arise.