Corporation Tax Act 2009

Valid from 01/04/2009

273 (1) Amend section 834 (interpretation of the Corporation Tax Acts) as follows. U.K.

(2) In subsection (1)—

(a) in the definition of “accounting period” for “section 12” substitute “ Chapter 2 of Part 2 of CTA 2009 ”,

(b) at the appropriate place insert—

““the charge to corporation tax on income” has the same meaning as in CTA 2009 (see section 2(3));”,

(c) in the definition of “chargeable profits”, for “section 11(2)” substitute “ section 19 of CTA 2009 ”,

(d) in the definition of “derivative contract” for “Schedule 26 to the Finance Act 2002” substitute “ Part 7 of CTA 2009 ”,

(e) at the appropriate place insert—

““income” includes anything to which the charge to corporation tax on income applies;”,

(f) in the definition of “loan relationship” for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of CTA 2009 ”,

(g) in the definition of “non-trading deficit” for “section 82 of the Finance Act 1996” substitute “ section 301 of CTA 2009 ”, and

(h) at the appropriate place insert—

““registered industrial and provident society” means—

(a) a society registered or treated as registered under the Industrial and Provident Societies Act 1965 or the Industrial and Provident Societies Act (Northern Ireland) 1969, or

(b) an SCE formed in accordance with Council Regulation (EC) No 1435/2003 on the Statute for a European Co-Operative Society;”.

(3) In subsection (2)—

(a) for “sections 75 and 76” substitute “ section 76 ”, and

(b) at the end insert— “ section 834C. ”

(4) In subsection (4) (apportionment to different periods) after “those Acts” insert “ , other than CTA 2009, ”.