{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-470",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-470.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "schedule/1/paragraph/470",
  "kind": "paragraph",
  "number": "470",
  "heading": null,
  "text": "(1) Amend Schedule 22 (tonnage tax) as follows.\n(2) In paragraph 50(2)—\n(a) in paragraph (a) for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of the Corporation Tax Act 2009 ”, and\n(b) in paragraph (c) for “under Schedule 26 to the Finance Act 2002 (derivative contracts)” substitute “ in accordance with Part 7 of the Corporation Tax Act 2009 (derivative contracts) ”.\n(3) For paragraph 51(3) and (4) substitute—\n“(3) For the purposes of this paragraph “income from investments” includes anything chargeable to tax under—\n(a) Part 4 of the Corporation Tax Act 2009 (property income),\n(b) section 299 of that Act (loan relationships: non-trading profits),\n(c) Chapter 5 of Part 10 of that Act (distributions from unauthorised unit trusts), or\n(d) Chapter 7 of that Part (annual payments not otherwise charged).”\n(4) In paragraph 61(6) for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of the Corporation Tax Act 2009 ”.\n(5) In paragraph 62(6) for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of the Corporation Tax Act 2009 ”.\n(6) In paragraph 63(2)—\n(a) in paragraph (a) for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of the Corporation Tax Act 2009 ”,\n(b) in paragraph (b) for “under Schedule 26 to the Finance Act 2002 (derivative contracts)” substitute “ in accordance with Part 7 of the Corporation Tax Act 2009 (derivative contracts) ”, and\n(c) in paragraph (c) for “section 103(1A) of the Finance Act 1996” substitute “ section 475 of the Corporation Tax Act 2009 ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/schedule/1/paragraph/470",
    "retrieved_at": "2026-10-29T09:11:19.560467+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."
}