# Corporation Tax Act 2010, Section 563: Breach of property rental business condition


(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—
(a) in the case of a group UK REIT, the principal company of the group, and
(b) in the case of a company UK REIT, the company.
(2) The breach is to be ignored.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/563 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-563
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.