{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/schedule-2/paragraph-40",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/schedule-2/paragraph-40.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "schedule/2/paragraph/40",
  "kind": "paragraph",
  "number": "40",
  "heading": null,
  "text": "In relation to shares issued before 6 April 1998, section 90 applies with the following modifications—\n(a) in the definition of “excluded company” in subsection (1), the substitution for “in land, in commodities or futures or in shares, securities or other financial instruments” of “ in shares, securities, land, trades or commodity futures ”,\n(b) in subsection (6), the insertion after “excluded company” of “ or is a non-UK resident ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/schedule/2/paragraph/40",
    "retrieved_at": "2026-10-29T09:10:29.433154+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."
}