# Corporation Tax Act 2009, Section 1112I: Transactions aimed at obtaining credit or relief to be disregarded

Extent: E+W+S+N.I.

(1) To the extent that a transaction is attributable to arrangements entered into for a disqualifying purpose, it is to be disregarded in ascertaining a company’s entitlement to relief under this Part.
(2) Arrangements are entered into for a disqualifying purpose if their main purpose, or one of their main purposes, is to enable a company to obtain relief under this Part—
(a) to which it would not otherwise be entitled, or
(b) of greater amount than that to which it would otherwise be entitled.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1112I (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1112I
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.