# Corporation Tax Act 2009, Section 1179CG: No credit payable if company in administration or liquidation

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

(1) No amount may be paid to a company at step 6 of section 1179CC if, when the company claims the expenditure credit from which the amount is derived, the company is in administration or liquidation.
(2) For the purposes of this section, a company is in administration if—
(a) it is in administration under Part 2 of the Insolvency Act 1986 or Part 3 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)), or
(b) a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.
(3) For the purposes of this section, a company is in liquidation if—
(a) it is in liquidation within the meaning of section 247 of that Act or Article 6 of that Order, or
(b) a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/1179CG (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-1179CG
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.