Section 844 | Overview of Chapter

(1)This Chapter sets out special rules relating to transactions between related parties.

(2)Sections 845 to 849A are about the rule that transfers between a company and a related party are treated as being at market value.

(2ZA)Sections 849AB to 849AD make provision for the grant of a licence or other right by a company to a related party, or vice versa, to be treated as being at market value.

(2A)Repealed

(3)Sections 850 and 851 set out other rules for transactions involving related parties.

(4)See Chapter 12 for the meaning of “related parties”.