1.1.A.230 Arm's length loan

Usage

This definition applies to all payments under the SSAct except DOP.

Explanation: It is relevant to all other payments when income support recipients are involved in a business, trust (1.1.T.180) or company.

Definition

Please refer to the definition of this term in the SSAct.

Act reference: SSAct section 10A(2)-'arm's length loan', section 10A(2)-'arm's length transaction'

Last reviewed: 6 February 2017