Related Commentary  Related HMRC Manuals

607(1)  This section applies if–

(a)a company may enter into a derivative contract or related transaction but has not yet done so,

(b)it incurs any expenses for purposes connected–

(i)with entering into it, or

(ii)with giving effect to any obligation which might arise under it, and

(c)had the company entered into the contract or transaction, the expenses would be expenses within section 594A(1)(b).

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