Paragraph 46 I1
(1)
An election under section 792 of CTA 2009 (reallocation of degrouping charge within a group) may not be made if—
(a)
subsection (3A) of section 793 applies to B, and
(b)
the relevant time is before 5 July 2016.
(2)
An election under section 792 of CTA 2009 may not be made if—
(a)
subsection (3B) of section 793 applies to B, and
(b)
the relevant time is before the commencement date.
(3)
In this paragraph references to “B” and “the relevant time” must be read in accordance with section 792 of CTA 2009.
Annotations
Commencement
- I1
Sch. 5 para. 46 in force at 6.4.2020, see Sch. 5 para. 35
Notes on Schedule 5
Modifications
- C1
Sch. 5 modified (22.7.2020) by Finance Act 2020 (c. 14), Sch. 6 para. 10