For accounting periods of a company ending on or after 1 April 1996 FA96/SCH 9/PARA15 provides that a disposal or acquisition of securities within the loan relationships legislation is not a `related transaction' for the purposes of the loan relationships legislation if it is made in pursuance of a stock lending arrangement. Thus no debit or credit normally falls to be brought into account on the disposal and reacquisition under the loan relationship rules. See CFM17265 for more on this rule.
