Commentary on Sections Overview Chapter 3: Credits and debits to be brought into account: general Section 596: Meaning of “related transaction”
1607.This section provides the meaning of “related transaction” for the purposes of this Part. It is based on paragraph 15(7) and (8) of Schedule 26 to FA 2002.
1608.The term is used extensively in this Part in provisions which may apply to or involve consideration of the acquisition or disposal of a derivative contract.