{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-1029",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-1029.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/1029",
  "kind": "section",
  "number": "1029",
  "heading": "Overview of Chapter",
  "text": "(1) In this Chapter the following sections provide that a particular matter is not a distribution—\n(a) section 1030 (distributions in respect of share capital on a winding up),\n(aa) section 1030A (distributions in respect of share capital prior to dissolution of company),\n(b) section 1031 (distribution as part of a cross-border merger),\n(c) section 1032 (interest etc paid in respect of certain securities),\n(ca) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(d) section 1033 (purchase by unquoted trading company of own shares),\n(e) section 1049 (stock dividends),\n(f) section 1054 (building society payments),\n(g) section 1055 ( registered societies : interest and share dividends),\n(h) section 1056 (dividend or bonus relating to transactions with registered society ), and\n(i) section 1057 (UK agricultural or fishing co-operatives: interest and share dividends).\n(2) The following make similar provision outside this Chapter—\n(a) section 1075 (exempt distributions), and\n(b) paragraph 6 of Schedule 12 to FA 1988 (transfer of building society's business to a company: qualifying benefits).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 1029(1)(aa) inserted (with effect in accordance with art. 18 of the amending S.I.) by The Enactment of Extra-Statutory Concessions Order 2012 (S.I. 2012/266), arts. 1, 16(2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 1029(1)(ca) repealed (with effect in accordance with reg. 1(2)(3) of the amending S.I.) by The Taxation of Regulatory Capital Securities Regulations 2013 (S.I. 2013/3209), regs. 1(1), 12(a)(iii)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 1029(1)(g) substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 164(a) (with Sch. 5)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 1029(1)(h) substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 164(b) (with Sch. 5)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/1029",
    "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."
}