Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Corporate Finance Manual

HM Revenue & Customs
, see all updates

Deemed loan relationships: shares with guaranteed returns: non-qualifying shares: repos and stock loans

Shares within S526 subject to repo, stock loans etc

This guidance applies to companies that hold shares up to 21 April 2009

CTA09/S522(4) applies the same rule to non-qualifying shares as applies to shares subject to outstanding third party obligations - see CFM46100.