[F1492Meaning of “UK group company”U.K.
This section has no associated Explanatory Notes
In this Part “UK group company”, in relation to any time during a period of account of a worldwide group, means a company—
(a)which is within the charge to corporation tax at that time, and
(b)which is a member of the group at that time.]
Textual Amendments
F1Pt. 10: the existing Pt. 10 renumbered as Pt. 11 (except for ss. 375, 376 which are repealed), the existing ss. 372-374, 377-382 renumbered as ss. 499-507 and a new Pt. 10 (ss. 372-498) inserted (with effect in accordance with Sch. 5 para. 25(1)-(3) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 1, 10(1)(2)(a)(3) (with Sch. 5 paras. 27, 32-34)