{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-371",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-371.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/371",
  "kind": "section",
  "number": "371",
  "heading": "Interpretation",
  "text": "(1) In this Chapter—\n“consortium company” means a trading company, as defined by section 185(1) of CTA 2010, that is owned by a consortium or a holding company that is so owned,\n“debtor consortium company” has the same meaning as in section 364 (see section 364(2)),\n“group accounting period” is to be read in accordance with section 370,\n“group member” has the same meaning as in section 364 (see section 364(2)),\n“group relief” has the meaning given by section 364(4),\n“holding company” has the same meaning as in Part 5 of CTA 2010 (see section 185(2) of that Act),\n“member”, in relation to a consortium, has the same meaning as in Part 5 of CTA 2010 (see section 153(2) of that Act),\n“member company” has the same meaning as in section 364 (see section 364(2)),\n“net consortium debit” is to be read in accordance with section 365(2) and (3),\n“relevant consortium creditor relationship” is to be read in accordance with section 364(2), and\n“subsidiary”, in relation to a company which is a holding company, means a trading company (as defined by section 185(1) of CTA 2010) that, by reference to that holding company, is owned by a consortium by virtue of section 153(3) of that Act.\n(2) Any reference in this Chapter to a company being owned by a consortium is to be read in accordance with section 153 of CTA 2010.\n(3) Any reference in this Chapter to two companies being members of the same group of companies is a reference to those companies being members of the same group of companies for the purposes of Part 5 of CTA 2010 (group relief) (see section 152 of that Act).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 371(1) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 609(2)(a) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 371 substituted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 131"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 371(1) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 609(2)(c) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 371(1) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 609(2)(d) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 371(1) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 609(2)(e) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in s. 371(2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 609(3) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in s. 371(3) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 609(4) (with Sch. 2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/371",
    "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."
}