# Corporation Tax Act 2010, Paragraph 701


(1) Amend section 1319 (other definitions) as follows.
(2) Omit the following definitions—
“basic rate”,
“charity”,
“non-UK resident”,
“retail prices index”,
“tax year”,
“the tax year 2009-10”, and
“UK resident”.
(3) At the appropriate place insert—
““statutory insolvency arrangement” means—
(a) a voluntary arrangement that has taken effect under, or as a result of, the Insolvency Act 1986, Schedule 4 or 5 to the Bankruptcy (Scotland) Act 1985 or the Insolvency (Northern Ireland) Order 1989,
(b) a compromise or arrangement that has taken effect under Part 26 of the Companies Act 2006, or
(c) an arrangement or compromise of a kind corresponding to any of those mentioned in paragraph (a) or (b) that has taken effect under, or as a result of, the law of a country or territory outside the United Kingdom,”.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/schedule/1/paragraph/701 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/schedule-1/paragraph-701
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.