[GREIT04020] Property rental business income: loan relationships and derivative contracts: general
Loan relationship and derivative debits and credits are excluded from the computation of profits for a property business by section 211 CTA 2009. This prohibition is partly set aside in computing the profits of the property rental business (section 599(3) CTA 2010).
This set-aside allows the following credits and debits to be taken into account in arriving at the profits of the property rental business:
•those arising from a loan relationship if and in so far as it relates to property rental business
•those arising from a hedging derivative contract if and in so far as it relates to property rental business, and