# Income Tax Act 2007, Paragraph 138


(1) In relation to transfers and associated operations on or after 20 March 1990 and before 30 November 1993, a body corporate regarded as resident in a territory outside the United Kingdom for the purposes of any double taxation arrangements is treated as if it were resident outside the United Kingdom for the purposes of Chapter 2 of Part 13 (transfer of assets abroad).
(2) In this paragraph “transfers” and “associated operations” have the same meaning as in Chapter 2 of Part 13 (see sections 716 and 719 respectively).

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Source: https://www.legislation.gov.uk/ukpga/2007/3/schedule/2/paragraph/138 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/schedule-2/paragraph-138
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.