Introduction Overview Chapter 3: Charge to tax in case of loan to participator Section 462: Determination of particular questions as a result of section 460
1417.This section supplements sections 455 to 459. It is based on section 422(5) and (6) of ICTA.
1418.Subsection (1) states when the section applies. It operates in relation to section 459 for the reason given in the commentary on section 460(2) and (3).
1419.Subsection (2) lists the questions which come within this section, and requires them to be determined by reference to the company labelled C in section 460(1).