564 Questions to which procedure in section 563 appliesU.K.
(1)Section 563 applies in relation to the determination for the purposes of any of Parts [F13A] to 11 or this Part of any question about the way in which a sum is to be apportioned.
(2)Section 563 applies in relation to any determination of the market value of property for the purposes of—
(a)any provision of Part 2 (plant and machinery allowances),
(b)section 423 (mineral extraction allowances: amount of disposal value to be brought into account),
(c)section 559 (effect of successions),
(d)section 568 or 569 (sales treated as being for alternative amount), or
(e)section 573 (transfers treated as sales).
F2(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) If section 561 ([F3transfer or division of UK business]) applies, section 563 applies—
(a)for the purposes of the tax of both company A and company B referred to in that section, and
(b)in relation to the determination of any question of apportionment of expenditure under section 561(3).
Textual Amendments
F1Word in s. 564(1) substituted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by Finance Act 2008 (c. 9), Sch. 27 para. 13(a)
F2S. 564(3) omitted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 27 para. 13(b)
F3Words in s. 564(4) substituted (31.12.2020) by The Taxes (Amendments) (EU Exit) Regulations 2019 (S.I. 2019/689), regs. 1, 10(6) (with regs. 39-41); 2020 c. 1, Sch. 5 para. 1(1)