# Corporation Tax Act 2010, Section 1006: Distributions exceeding consideration received for issue of security


No amount is to be regarded for the purposes of paragraph E in section 1000(1) as representing the principal secured by a security so far as it exceeds any new consideration which has been received by the company for the issue of the security.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/1006 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-1006
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.