Section 420 Meaning of “disposal receipt”

United Kingdom

In sections 417 to 419 “disposal receipt” means a disposal value that a person is required to bring into account in accordance with—

(a)

sections 421 to 425, or

(b)

F1section 614BS of ITA 2007 or F2section 918 of CTA 2010 (cases where expenditure taken into account under Part 2, 5 or 8 of this Act) or any other enactment.

Annotations

Textual amendments

F1: Words in s. 420(b) substituted (1.4.2010) (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 8 para. 235 (with Sch. 9 paras. 1-9, 22)
F2: Words in s. 420(b) inserted (1.4.2010) (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. 356 (with Sch. 2)