# Corporation Tax Act 2010, Section 523: Notice for a group of companies to become a UK REIT


(1) A group of companies becomes a group UK REIT if the principal company of the group gives a notice under this section.
(2) A notice under this section is a notice specifying a date from which the group is to be a UK REIT.
(3) The principal company of a group may only give a notice under this section if—
(a) it is a UK company, and
(b) section 236 of FISMA 2000 (open-ended investment companies) does not apply to it.
(4) If the principal company of a group gives a notice under this section, the group is a UK REIT from the date specified in the notice.
(5) In this Part “group UK REIT” means a group of companies the principal company of which has given a notice under this section.
(6) This section is subject to section 527(2) (requirements to be a group UK REIT).

---
Source: https://www.legislation.gov.uk/ukpga/2010/4/section/523 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-523
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.