# Corporation Tax Act 2010, Section 356JNA: Licensed sub-areas


Where any person is entitled to a share of equity in a licensed area which relates to part only of that area—
(a) that part is referred to in this Chapter as a “licensed sub-area”, and
(b) the share of equity is referred to in this Chapter as a share of equity in the licensed sub-area,
and references to a licensee in a licensed sub-area are to be interpreted accordingly.

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