Regulation 11 Amendment of regulation 9

(1)

Regulation 9 (consequential amendment of Chapter 4 of Part 22 of CTA 2010) is amended as follows.

(2)

In paragraph (1)—

(a)

after “accounting period and” insert “the surrendering company or the recipient company (or both) is a large company or a very large company”; and

(b)

omit sub-paragraphs (a) and (b).

(3)

In paragraph (5) in the inserted text of subsection (6B)—

(a)

in paragraph (a) of that subsection—

(i)

after “large company” insert “or a very large company”; and

(ii)

omit “regulation 4A, 4B, 4C, 5, 5A or 5B of”; and

(b)

in paragraph (b) of that subsection, after “large company” in both places in which it appears insert “or a very large company”.

(4)

In paragraph (5) in the inserted text of subsection (6F), for “has the same meaning as in regulation 3 of” substitute “and “very large company” have the meanings given in”.