{
  "url": "https://openlegislation.uk/broadcasting-act-1996/schedule-7/paragraph-23",
  "json_url": "https://openlegislation.uk/broadcasting-act-1996/schedule-7/paragraph-23.json",
  "legislation": "ukpga/1996/55",
  "legislation_title": "Broadcasting Act 1996",
  "legislation_url": "https://openlegislation.uk/broadcasting-act-1996",
  "path": "schedule/7/paragraph/23",
  "kind": "paragraph",
  "number": "23",
  "heading": null,
  "text": "(1) Chapter 2 of Part 19 of the Corporation Tax Act 2010 (sale and lease-back: taxation of consideration) , and Chapter 2 of Part 12A of the Income Tax Act 2007 (which makes corresponding provision), shall not apply where—\n(a) the assignment of the original lease, and\n(b) the grant or assignment of the new lease,\neach fall within sub-paragraph (2).\n(2) The assignment of the original lease, or the grant or assignment of the new lease, falls within this sub-paragraph if—\n(a) it is a relevant transfer; or\n(b) it takes place between the BBC and a successor company at a time when the successor company remains a wholly-owned subsidiary of the BBC; or\n(c) it takes place between two successor companies at a time when both remain wholly-owned subsidiaries of the BBC.\n(3) The reference in sub-paragraph (1) to the assignment of the original lease and the grant or assignment of the new lease shall be construed in accordance with Chapter 2 of Part 19 of the Corporation Tax Act 2010 , or section 681BA of the Income Tax Act 2007, and sub-paragraph (2) shall be construed accordingly.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 7 para. 23(1) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 294(8) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 7 para. 23(1) inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), Sch. 8 para. 246(4) (with Sch. 9 paras. 1-9, 22)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 7 para. 23(3) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 294(9) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 7 para. 23(3) inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), Sch. 8 para. 246(5) (with Sch. 9 paras. 1-9, 22)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1996/55/schedule/7/paragraph/23",
    "retrieved_at": "2026-10-29T09:29:43.309697+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}