{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-562",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-562.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/562",
  "kind": "section",
  "number": "562",
  "heading": "Breach of condition C in section 528 (conditions for company)",
  "text": "(1) This section makes provision about cases relating to breaches of condition C in section 528 in relation to—\n(a) the principal company of a group UK REIT, or\n(b) a company UK REIT.\n(2) If condition C is not met—\n(a) as a result of the principal company of a group UK REIT becoming a member of another group UK REIT, or\n(b) as a result of a company UK REIT becoming a member of a group UK REIT,\nthe breach is to be ignored.\n(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(5) If—\n(a) condition C is not met in relation to an accounting period, and\n(b) the case is not one within subsection (2) ...,\nthe group or company (as the case may be) is to be treated as having ceased to be a UK REIT at the end of the previous accounting period.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 562(1) substituted (with effect in accordance with Sch. 4 para. 13(2) of the amending Act) by Finance Act 2012 (c. 14), Sch. 4 para. 8(3)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 562(2) substituted (with effect in accordance with Sch. 4 para. 13(2) of the amending Act) by Finance Act 2012 (c. 14), Sch. 4 para. 8(4)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 562(2) substituted (with effect in accordance with Sch. 4 para. 13(2) of the amending Act) by Finance Act 2012 (c. 14), Sch. 4 para. 8(4)(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "S. 562(3)(4) omitted (with effect in accordance with Sch. 4 para. 13(2) of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 4 para. 8(5)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 562(5)(a) substituted (with effect in accordance with Sch. 4 para. 13(2) of the amending Act) by Finance Act 2012 (c. 14), Sch. 4 para. 8(6)(a)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in s. 562(5)(b) omitted (with effect in accordance with Sch. 4 para. 13(2) of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 4 para. 8(6)(b)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in s. 562 heading substituted (with effect in accordance with Sch. 4 para. 13(2) of the amending Act) by Finance Act 2012 (c. 14), Sch. 4 para. 8(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/562",
    "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."
}