{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-269CL",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-269CL.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/269CL",
  "kind": "section",
  "number": "269CL",
  "heading": "When a company first begins to carry on relevant regulated activities",
  "text": "(1) For the purposes of this Chapter, a company first begins to carry on a relevant regulated activity on a particular day if the company—\n(a) begins to carry on a relevant regulated activity on that day, and\n(b) has not carried on any relevant regulated activity before that day.\nThis is subject to subsection (2).\n(2) Where—\n(a) there is a transfer of a trade, and\n(b) immediately before the transfer the predecessor carried on a relevant regulated activity,\nthe successor is to be treated as having first begun to carry on a relevant regulated activity on the day on which the predecessor first began to carry on such an activity.\n(3) Section 940B (meaning of “transfer of a trade” etc) applies for the purposes of this section as it applies for the purposes of Chapter 1 of Part 22.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 7A inserted (with effect in accordance with Sch. 2 para. 7-9 of the amending Act) by Finance Act 2015 (c. 11), Sch. 2 para. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/269CL",
    "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."
}