Taxation (International and Other Provisions) Act 2010 section 421

Derivative contracts subject to fair value accounting: interpretation

Section 421 provides the definitions and assumptions needed to apply section 420's rules on derivative contracts subject to fair value accounting, including what the "relevant assumptions" are, when a group has a "hedging relationship", and what the "Disregard Regulations" means.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.