501 Part surrenders: loans
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

501  Part surrenders: loans

(1)     This section applies to a loan (and so it falls within section 500(c)) if it is made by the insurer under a policy or contract—

(a)     to an individual falling within subsection (2), [or]

(b)     to trustees falling within subsection (3), . . .

(c)     . . ..

(2)     An individual falls within this subsection

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