{
  "url": "https://openlegislation.uk/finance-act-2009/schedule-16/paragraph-10",
  "json_url": "https://openlegislation.uk/finance-act-2009/schedule-16/paragraph-10.json",
  "legislation": "ukpga/2009/10",
  "legislation_title": "Finance Act 2009",
  "legislation_url": "https://openlegislation.uk/finance-act-2009",
  "path": "schedule/16/paragraph/10",
  "kind": "paragraph",
  "number": "10",
  "heading": null,
  "text": "(1) Part 2 of Schedule 25 to ICTA (exempt activities) is amended as follows.\n(2) In paragraph 6 (definition of exempt activities)—\n(a) in sub-paragraph (1)(c), for “(2), (3), (4) or (4A)” substitute “ (2) or (3) ”,\n(b) in sub-paragraph (3)(b), omit “or superior holding companies”,\n(c) omit sub-paragraphs (4) to (4BB),\n(d) in sub-paragraph (5)—\n(i) for “sub-paragraphs (3) to (4B)” substitute “ sub-paragraph (3) ”, and\n(ii) omit “or superior holding company”,\n(e) in sub-paragraph (5ZA), omit “or superior holding company”,\n(f) in sub-paragraph (5ZB), omit “or superior holding company”,\n(g) in sub-paragraph (5A), for “sub-paragraphs (3) to (4B)” substitute “ sub-paragraph (3) ”,\n(h) omit sub-paragraph (5B),\n(i) in sub-paragraph (5C), omit “or superior holding company”, and\n(j) in sub-paragraph (6), for “sub-paragraphs (1) to (4BB) above” substitute “ this paragraph ”.\n(3) In paragraph 8(3) (paragraph 6(1)(b) condition), omit “or superior holding company”.\n(4) In paragraph 12 (definition of “holding company” etc)—\n(a) in sub-paragraph (1), for “paragraph 12A below and in” substitute “ in ”,\n(b) in sub-paragraph (4), omit “or (4), as the case may be,”, and\n(c) in sub-paragraph (5)—\n(i) in the words before paragraph (a), for “sub-paragraphs (3) and (4)” substitute “ sub-paragraph (3) ”, and\n(ii) in paragraph (a), omit “or superior holding company”.\n(5) Omit paragraph 12A (definition of “superior holding company” etc).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/10/schedule/16/paragraph/10",
    "retrieved_at": "2026-10-29T09:11:08.872832+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."
}