{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-641",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-641.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "schedule/1/paragraph/641",
  "kind": "paragraph",
  "number": "641",
  "heading": null,
  "text": "(1) Amend section 860 (adjustment income) as follows.\n(2) After subsection (1) insert—\n“(1A) A change in the persons carrying on a property business from one period of account to the next does not prevent Chapter 7 of Part 3 (adjustment income) applying in relation to the property business so long as a person carrying on the property business immediately before the change continues to carry on the property business immediately after the change.”\n(3) In subsection (3)—\n(a) after “trade” insert “ or property business ”, and\n(b) after “Chapter 17 of Part 2” insert “ , or Chapter 7 of Part 3, ”.\n(4) In subsection (6)—\n(a) in paragraph (a), at the end insert “ or Chapter 7 of Part 3 (as the case requires) ”, and\n(b) in paragraph (b) after “trade” insert “ or property business (as the case requires) ”.",
  "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/641",
    "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."
}