Corporation Tax Act 2010, Section 601 is up to date with all changes known to be in force on or before 10 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)In the application of a provision specified in subsection (2) to a group of companies, the group so far as it carries on property rental business while it is a UK REIT is to be treated as a separate group, distinct from—
(a)the pre-entry group,
(b)the group so far as it carries on residual business while it is a UK REIT, and
(c)the post-cessation group.
(2)The provisions mentioned in subsection (1) are—
(a)section 171 of TCGA 1992 (transfer of assets within group),
(b)sections 171A to 171C of TCGA (reallocation of gain or loss within group),
(c)sections 179A and 179B of TCGA 1992 (degrouping: reallocation of gain or loss, or rollover of gain, within group),
(d)Chapters 4 and 6 to 8 of Part 5 of CTA 2009 (loan relationships),
(e)Part 7 of that Act (derivative contracts),
(f)Part 8 of that Act (intangible assets), F1...
(g)Part 5 of this Act (group relief)[F2, and
(h)Part 5A of this Act (group relief for carried-forward losses)]
Textual Amendments
F1Word in s. 601(2)(f) omitted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by virtue of Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 169(a)
F2S. 601(2)(h) and word inserted (with effect in accordance with Sch. 4 para. 190 of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 4 para. 169(b)
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