Interest-free loans
(C) Interest-free loans. A covered debt instrument is described in this paragraph (b)(3)(vii)(C) if the instrument does not provide for stated interest or no interest is charged on the instrument, the instrument does not have original issue discount (as defined in section 1273 and 1.1273-1 and 1.1273-2), interest is not imputed under section 483 or section 7872 and 1.483-1 through 1.483-4 or 1.7872-1 through 1.7872-16, respectively, and interest is not required to be charged under section 482 and 1.482-1 through 1.482-9. (D) Deposits with a qualified cash pool header(1) In general. A covered debt instrument is described in this paragraph (b)(3)(vii)(D) if it is a demand deposit received by a qualified cash pool header described in paragraph (b)(3)(vii)(D)(2) of this section pursuant to a cash-management arrangement described in paragraph (b)(3)(vii)(D)(3) of this section. This paragraph (b)(3)(vii)(D) does not apply if a purpose for making the demand deposit is to facilitate the avoidance of the purposes of this section with respect to a qualified business unit (as defined in section 989(a) and 1.989(a)-1) (QBU) that is not a qualified cash pool header.