# Corporation Tax Act 2010, Section 356GA: Reference periods


(1) For the purposes of sections 356GB to 356GD, the accounting period, or (if the company is not a licensee for the whole of the accounting period) the part or parts of the accounting period for which the company is a licensee, are to be divided into reference periods (each of which “belongs to” the site concerned).
(2) A reference period is a period of consecutive days that meets the following conditions—
(a) at the beginning of each day in the period, the company is a licensee in the licensed area;
(b) at the beginning of each day in the period, the company's share of the equity in the licensed area is the same;
(c) each day in the period falls within the accounting period.

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