PART VI COMPANY DISTRIBUTIONS, TAX CREDITS ETC

CHAPTER V ADVANCE CORPORATION TAX AND FRANKED INVESTMENT INCOME

240 Set-off of company’s surplus ACT against subsidiary’s liability to corporation tax.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
S. 240 repealed (with effect in accordance with Sch. 3 para. 13(2) of the repealing Act) by Finance Act 1998 (c. 36), Sch. 3 para. 13(1), Sch. 27 Pt. 3(2), Note