# Corporation Tax Act 2010, Section 356G: Introduction to sections 356GA to 356GD


(1) Sections 356GA to 356GD apply to a company in respect of an accounting period and a licensed area that is or contains a site, if the following conditions are met—
(a) the company is a licensee in the licensed area for the whole, or for part, of the accounting period;
(b) the company has different shares (greater than zero) of the equity in the licensed area at different times during the accounting period.
(2) In a case where a company has three or more different shares of the equity in a licensed area during a particular day, sections 356GA to 356GD (in particular, provisions relating to the beginning or end of a day) have effect subject to the necessary modifications.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/356G (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-356G
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.