{
  "url": "https://openlegislation.uk/finance-act-2024/schedule-5/paragraph-9",
  "json_url": "https://openlegislation.uk/finance-act-2024/schedule-5/paragraph-9.json",
  "legislation": "ukpga/2024/3",
  "legislation_title": "Finance Act 2024",
  "legislation_url": "https://openlegislation.uk/finance-act-2024",
  "path": "schedule/5/paragraph/9",
  "kind": "paragraph",
  "number": "9",
  "heading": "Relief not to be available for companies in insolvency",
  "text": "(1) After section 1218ZCL insert—\n“Companies in insolvency\nNo claim if company in administration or liquidation\n1218ZCLA (1) A company may not make a claim under section 1218ZCE or section 1218ZCH at a time when it is in administration or liquidation.\n(2) For the purposes of this section, a company is in administration if—\n(a) it is in administration under Part 2 of the Insolvency Act 1986 or Part 3 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)), or\n(b) a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.\n(3) For the purposes of this section, a company is in liquidation if—\n(a) it is in liquidation within the meaning of section 247 of that Act or Article 6 of that Order, or\n(b) a corresponding situation under the law of a country or territory outside the United Kingdom exists in relation to the company.”\n(2) That amendment has effect in relation to claims made on or after 1 April 2024.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2024/3/schedule/5/paragraph/9",
    "retrieved_at": "2026-10-29T08:48:28.960167+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."
}