Introductory text

Draft Regulations laid before the House of Commons under section 660(11) of the Corporation Tax Act 2010 and paragraph 8(4) of Schedule 21 to the Finance Act 2013, for approval by resolution of that House.

Capital Gains Tax

Corporation Tax

Income Tax

Made ***

Coming into force 1st April 2015

The Treasury make the following Regulations in exercise of the powers conferred by sections 659(2A), (2B) and (2C), 660(5A)(d), (5B), (8), (9)(a) and (b), (10) and (12) and 660A(1), (3) and (4) of the Corporation Tax Act 2010^f1 and paragraph 8(1), (2)(a) and (3) of Schedule 21 to the Finance Act 2013^f2.

A draft of this instrument was laid before, and approved by a resolution of, the House of Commons in accordance with section 660(11) of the Corporation Tax Act 2010^f3 and paragraph 8(4) of Schedule 21 to the Finance Act 2013.

Annotations

Footnotes

f1: 2010 c. 4. Section 1122 and 1123 of the Corporation Tax Act 2010 define “connected persons” and section 1174 defines ITEPA 2003. Section 659 (2A), (2B) and (2C) were inserted by paragraph 3 of Schedule 21 to the Finance Act 2013. Section 660(5A)(d), (5B) (8), (9)(a) and (b), and (12) were inserted by paragraphs 3(5), (6) and (7) of Schedule 21 to the Finance Act 2013. Section 660A was inserted by paragraph 5 of Schedule 21 to the Finance Act 2013.
f2: 2013 c. 29.
f3: Section 660(11) was inserted by paragraph 3(6) of Schedule 21 to the Finance Act 2013.