[F1371IDThe 75% exemptionU.K.
This section has no associated Explanatory Notes
(1)This section applies to a qualifying loan relationship if section 371IB does not apply to the qualifying loan relationship.
(2)75% of the profits of the qualifying loan relationship are exempt.]
Textual Amendments
F1Pt. 9A inserted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 20 para. 1 (with ss. 56-58)