1.1.A.240 Arm's length transaction

Usage

This definition applies to all payments 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 transaction', section 10A(2)-'arm's length loan'

Last reviewed: 6 February 2017