# Corporation Tax Act 2010, Section 676AA: Introduction to Chapter


(1) This Chapter applies if conditions 1 and 2 are met.
(2) Condition 1 is that on or after 1 April 2017 there is a change in the ownership of a company (“the transferred company”).
(3) Condition 2 is that a major change in the business of the transferred company or a co-transferred company occurs within the required period but not before 1 April 2017.
(4) The required period is—
(a) for the purposes of section 676AF, any period beginning no more than 3 years before the change in ownership occurs which is a period of 5 years in which that change occurs,
(b) for the purposes of sections 676AG to 676AK, the period of 8 years beginning 3 years before the change in ownership.
(5) In this Chapter—
“the change in ownership” means the change in ownership mentioned in subsection (2);
“the transferred company” has the meaning given by subsection (2);
“trade” includes an office.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/676AA (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-676AA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.