Part 12Real Estate Investment Trusts
Chapter 11Part 12: supplementary
Miscellaneous
601Availability of group reliefs
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), F2...
g
Part 5 of this Act (group relief)F1, and
h
Part 5A of this Act (group relief for carried-forward losses)