Corporation Tax Act 2009

Energy Act 2004 (c. 20)

586 (1) Amend Schedule 9 (taxation provisions relating to nuclear transfer schemes) as follows.

(2) In paragraph 11—

(a) in sub-paragraph (2) for “Chapter 2 of Part 4 of the Finance Act 1996 (c. 8)” substitute “Part 5 of the Corporation Tax Act 2009”, and

(b) in sub-paragraph (3) for “Chapter 2 of Part 4 of the Finance Act 1996” and “that Chapter” substitute “Part 5 of the Corporation Tax Act 2009” and “that Part” respectively.

(3) In paragraph 12—

(a) in sub-paragraph (2) for “Schedule 26 to the Finance Act 2002 (c. 23)” substitute “Part 7 of the Corporation Tax Act 2009”, and

(b) in sub-paragraph (3)—

(i) for “Schedule 26 to the Finance Act 2002” substitute “Part 7 of the Corporation Tax Act 2009”, and

(ii) for “that Schedule” substitute “that Part”.

(4) In paragraph 15(4), in the definition of “relevant trading profits and losses” for the words from “under” to the end substitute “under Part 3 of the Corporation Tax Act 2009 in respect of the trade or part of a trade in question for periods in which the trade was carried on wholly or partly in the United Kingdom.”

(5) In paragraph 23—

(a) in sub-paragraph (2) for “Chapter 2 of Part 4 of the Finance Act 1996 (c. 8)” substitute “Part 5 of the Corporation Tax Act 2009”, and

(b) in sub-paragraph (3) for “Chapter 2 of Part 4 of the Finance Act 1996 (c. 8)” and “that Chapter” substitute “Part 5 of the Corporation Tax Act 2009” and “that Part” respectively.

(6) In paragraph 24(2) for “Schedule 26 to the Finance Act 2002 (c. 23)” substitute “Part 7 of the Corporation Tax Act 2009”.

(7) In paragraph 24(3)—

(a) for “Schedule 26 to the Finance Act 2002” substitute “Part 7 of the Corporation Tax Act 2009”, and

(b) for “that Schedule” substitute “that Part”.

(8) In paragraph 27(4), in the definition of “relevant trading profits and losses” for the words from “under” to the end substitute “under Part 3 of the Corporation Tax Act 2009 in respect of the trade or part of a trade in question for periods in which the trade was carried on wholly or partly in the United Kingdom.”

(9) In paragraph 33—

(a) in paragraph (a) for “Chapter 2 of Part 4 of the Finance Act 1996 (c. 8)” substitute “Part 5 of the Corporation Tax Act 2009”, and

(b) in paragraph (b) for “Schedule 26 to the Finance Act 2002 (c. 23)” substitute “Part 7 of the Corporation Tax Act 2009”.