# The Corporation Tax (Implementation of the Mergers Directive) Regulations 2007, Paragraph 16: Tax treatment of SCE


In section 486(12) (industrial and provident societies and co-operative associations) of ICTA for the definition of “registered industrial and provident society” substitute—
““registered industrial and provident society” means—
(a)a society registered or deemed to be registered under the Industrial and Provident Societies Act 1965 or under the Industrial and Provident Societies Act (Northern Ireland) 1969 , or
(b)an SCE formed in accordance with Council Regulation (EC) 1435/2003 on the Statute for a European Co-Operative Society ;”.

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Source: https://www.legislation.gov.uk/uksi/2007/3186/schedule/2/paragraph/16 (the official version)
Page: https://openlegislation.uk/corporation-tax-implementation-of-the-mergers-directive-regulations-2007/schedule-2/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.