Corporation Tax Act 2010

Finance Act 2002 U.K.

368 U.K. The Finance Act 2002 is amended as follows.

369 U.K. Omit section 57(1) (community investment tax relief).

370 U.K. Omit section 58 (relief for community amateur sports clubs).

371 U.K. In section 63(2)(a) (first year allowances for expenditure wholly for a ring fence trade) for “section 501A of the Taxes Act 1988 (inserted by section 91 of this Act)” substitute “ section 330(1) of the Corporation Tax Act 2010 ”.

F1 372 U.K. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 Sch. 1 para. 372 omitted (with effect in accordance with Sch. 39 para. 10(1) of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 39 para. 5(2)(g) (with Sch. 39 paras. 11-13)

373 U.K. Omit Schedule 16 (community investment tax relief).

374 U.K. Omit Schedule 18 (relief for community amateur sports clubs).

375 U.K. In paragraph 8(4) of Schedule 34 (stamp duty: recovery of group relief from another group company or controlling director)—

(a) for the definition of “director” substitute—

““director”, in relation to a company, has the meaning given by section 67(1) and (2) of the Income Tax (Earnings and Pensions) Act 2003 and includes any person falling within section 452(1) of the Corporation Tax Act 2010;”, and

(b) in the definition of “controlling director” for “section 416 of the Taxes Act 1988” substitute “ sections 450 and 451 of the Corporation Tax Act 2010 ”.

F2 376 U.K. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F2 Sch. 1 para. 376 omitted (with effect in accordance with Sch. 39 para. 10(1) of the amending Act) by virtue of Finance Act 2012 (c. 14), Sch. 39 para. 5(2)(g) (with Sch. 39 paras. 11-13)

377 U.K. In Schedule 37 (supplementary provisions) in paragraph 2(4)(b) for “section 839 of the Taxes Act 1988” substitute “ section 1122 of the Corporation Tax Act 2010 ”.