UK Statutory Instrument SI 2004/3256 United Kingdom

The Loan Relationships and Derivative Contracts (Disregard and Bringing into Account of Profits and Losses) Regulations 2004

Status
In Force

What it defines

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

26 other provisions — procedural and definitional
s.001 Citation, commencement and effect
s.002 Interpretation
s.003 Exchange gains or losses arising from liabilities or assets hedging shares etc.
s.004 Exchange gains or losses arising from derivative contracts hedging shares etc.
s.004 Relevant value
s.004 Relevant time
s.004 Review period
s.005 Regulations 3 and 4: supplementary
s.005 Net investment hedge of foreign operations
s.005 Derivatives hedging acquisitions and disposals of shareholdings
s.006 Application of regulations 7, 8 and 9 in relation to derivative contracts where fair value accounting applies
s.006 Election to apply regulations 7, 8 or 9
s.006 Effect of elections on group member replacing another as party to derivative contract: regulations 7 and 8
s.006 Effect of elections on transfers within groups: regulation 9
s.006 Transfers within groups where no election under regulation 6A
s.007 Fair value profits or losses arising from derivative contracts which are currency contracts
s.007 Exchange gains or losses arising from derivative contracts hedging anticipated or future proceeds from certain issues of shares
s.008 Profits or losses arising from derivative contracts which are commodity contracts or debt contracts
s.009 Profits or losses arising from derivative contracts which are interest rate contracts
s.009 Profits or losses arising from designated cash flow hedges
s.010 Bringing fair value profits or losses into account on currency and commodity contracts
s.010 Bringing exchange gains into account on contracts to which regulation 7A applies
s.011 Profits and losses arising from loan relationships with embedded derivatives
s.012 (1) For the purposes of section 310(1) of CTA 2009...
s.012 Loan relationships as permanent as equity
s.013 Transitional provision: exchange losses arising from contracts to which regulation 7A applies

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.