{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-568",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-568.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/568",
  "kind": "section",
  "number": "568",
  "heading": "Breach of balance of business conditions after accounting period 1",
  "text": "(1) If—\n(a) condition A in section 531 (balance of business: profits) is not met in relation to an accounting period other than accounting period 1, but\n(b) the profits of property rental business of the UK REIT in question are at least 50% of its aggregate profits for the period,\nthe breach is to be ignored.\n(2) If—\n(a) condition B in section 531 (balance of business: assets) is not met in relation to an accounting period other than accounting period 1, but\n(b) the sum of the values mentioned in section 531(5)(a) and (b) is at least 50% of the total value of assets held by the UK REIT,\nthe breach is to be ignored.\n(3) Subsections (1) and (2) are to be read in accordance with section 531.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 568(2)(b) substituted (with effect in accordance with Sch. 4 para. 32(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 4 para. 31"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/568",
    "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."
}