Corporation Tax Act 2010

995 Interpretation of sections 991 to 994 U.K.

(1) This section applies for the purposes of sections 991 to 994.

(2) “Harbour authority” has the same meaning as in the Harbours Act 1964.

(3) “Harbour reorganisation scheme” means any statutory provision providing for the management by a harbour authority of any harbour or group of harbours in the United Kingdom.

For this purpose “statutory provision” means any enactment, or any scheme, order or other instrument having effect under an enactment, and includes an enactment confirming a provisional order.

(4) “Certified”, in relation to a harbour reorganisation scheme, means certified by—

• a Minister of the Crown,

• a government department, or

• the Scottish Ministers,

as providing for management as mentioned in subsection (3) with a view to securing, in the public interest, the efficient and economical development of the harbour or harbours in question.

(5) “Limited liability company” means a company having a limit on the liability of its members.

(6) “Transferor”, in relation to a trade, means the body from which the trade is transferred, whether or not the transfer is effected by that body.

(7) “Transferee”, in relation to a trade, means the harbour authority to which the trade is transferred.