{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-438",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-438.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/438",
  "kind": "section",
  "number": "438",
  "heading": "Overview of Part",
  "text": "(1) Chapter 2 defines “close company” and other expressions used in this Part.\n(2) Chapter 3 imposes a charge to tax in connection with loans or advances by close companies to participators.\n(2A) Chapter 3A imposes a charge to tax in connection with other arrangements involving close companies and participators.\n(2B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(3) Chapter 4 contains a power to obtain information in connection with close companies.\n(4) For the meaning of “participator”, see section 454.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 438(2A)(2B) inserted (retrospective to 20.3.2013) by Finance Act 2013 (c. 29), Sch. 30 para. 2(1) (2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 438(2B) omitted (30.10.2024) by virtue of Finance Act 2025 (c. 8), s. 81(3)(c)(4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/438",
    "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."
}