{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-356HA",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-356HA.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/356HA",
  "kind": "section",
  "number": "356HA",
  "heading": "Reduction of allowance if equity disposed of",
  "text": "(1) The following amount is to be deducted, in accordance with section 356GD(1), in calculating the total amount of unactivated allowance attributable to a reference period and a site—\nF × E1 − E2 E1where—\nF is the pre-transfer total of unactivated allowance for the reference period that ends with the day on which the disposal is made;\nE1 is the transferor's share of the equity in the licensed area immediately before the disposal;\nE2 is the transferor's share of the equity in the licensed area immediately after the disposal.\n(2) The “pre-transfer total of unactivated allowance” for a reference period is—\nP + Qwhere P and Q are the same as in section 356GD.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 8 Ch. 8 inserted (with effect in accordance with Sch. 15 paras. 6(1), 9(2) of the amending Act) by Finance Act 2014 (c. 26), Sch. 15 para. 3"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/356HA",
    "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."
}