Corporation Tax Act 2010

587 (1) Amend section 45 as follows. U.K.

(2) In subsection (1)—

(a) omit “section 505 of the Income and Corporation Taxes Act 1988 (c. 1) or”, and

(b) after “2007 (c. 3)” insert “ , or that qualifying relief is due under Part 11 of the Corporation Tax Act 2010, ”.

(3) In subsection (2)—

(a) omit “section 505 of the Income and Corporation Taxes Act 1988 or”, and

(b) after “2007” insert “ , or that qualifying relief is due under Part 11 of the Corporation Tax Act 2010, ”.

(4) After subsection (2) insert—

“(3) For the purposes of this section relief under any provision of Part 11 of the Corporation Tax Act 2010 other than—

(a) section 480 (exemption for profits of small-scale trades), and

(b) section 481 (exemption from charges under provisions to which section 1173 applies),

is qualifying relief under that Part.”