# Corporation Tax Act 2009, Section 326: Writing off government investments

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

(1) This section applies if a government investment in a company is written off by the release of a liability to pay any amount under a debtor relationship of the company.
(2) The company is not required to bring into account a credit for the purposes of this Part in respect of the release.
(3) Section 94 of CTA 2010 (write-off of government investment) applies for interpreting the reference in subsection (1) to a government investment in a company being written off as it applies for the purposes of Chapter 7 of Part 4 of that Act.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/326 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-326
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.