{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-212C",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-212C.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/212C",
  "kind": "section",
  "number": "212C",
  "heading": "When there is qualifying change in relation to C",
  "text": "(1) There is a qualifying change in relation to C on the relevant day if one or more of conditions A to D is met.\n(2) Condition A is that—\n(a) the principal company or companies of C at the beginning of the relevant day is not, or are not, the same as at the end of that day, or\n(b) there is no principal company of C at the beginning of the relevant day but there is one, or are more than one, at the end of the relevant day.\n(3) Condition B is that—\n(a) any principal company of C is a consortium principal company (“CPC”), and\n(b) CPC's ownership proportion at the end of the relevant day is more than at the beginning of the relevant day.\n(4) Condition C is that the relevant activity is a trade (within the meaning of this Part) and on the relevant day—\n(a) C ceases to carry on the whole or part of the relevant activity, and\n(b) it begins to be carried on in partnership by two or more companies,\nin circumstances in which Chapter 1 of Part 22 of CTA 2010 (transfers of trade without change of ownership) applies in relation to the transfer of the relevant activity.\n(5) Condition D is that—\n(a) the relevant activity is, at the beginning of the relevant day, carried on by C in partnership, and\n(b) C's relevant percentage share in the relevant activity at the end of the relevant day is less than at the beginning of the relevant day (or is nil).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 2 Ch. 16A inserted (8.4.2010) (with effect in accordance with Sch. 4 para. 5, 6 to the amending Act) by Finance Act 2010 (c. 13), Sch. 4 para. 2"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 212C(4) inserted (with effect in accordance with Sch. 26 para. 13 of the amending Act) by Finance Act 2013 (c. 29), Sch. 26 para. 6(2)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word in s. 212C(4) substituted (with effect in accordance with Sch. 26 para. 13 of the amending Act) by Finance Act 2013 (c. 29), Sch. 26 para. 6(2)(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Word in s. 212C(5) substituted (with effect in accordance with Sch. 26 para. 13 of the amending Act) by Finance Act 2013 (c. 29), Sch. 26 para. 6(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/212C",
    "retrieved_at": "2026-10-29T09:20:17.739129+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."
}