Sch 7 para 30
In section 352 (disregard of related transactions), after subsection (3) insert— (3A) Subsections (2) and (3) do not affect the credits or debits to be brought into account for the purposes of this Part in respect of changes in the fair value of the asset that are attributable to changes in the corresponding market rate. (3B) Subsection (3A) is subject to section 354 (exclusion of debits for impaired or released connected companies debts). (3C) In relation to a debt, “the corresponding market rate” at any time is the lowest rate at which a company of good financial standing might at that time expect to be able to borrow money at arm's length in the currency applicable to the debt, for repayment at the same time as the debt and otherwise on similar terms.