{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-563",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-563.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/563",
  "kind": "section",
  "number": "563",
  "heading": "Breach of property rental business condition",
  "text": "(1) Subsection (2) applies if the property rental business condition (see section 561(3A)) is not met in the case of a UK REIT throughout an accounting period of—\n(a) in the case of a group UK REIT, the principal company of the group, and\n(b) in the case of a company UK REIT, the company.\n(2) The breach is to be ignored.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 563(1) substituted (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), Sch. 4 para. 3(4)(b)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 563 heading substituted (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), Sch. 4 para. 3(4)(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/563",
    "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."
}