PART 1Income Tax, Corporation Tax and Capital Gains Tax
CHAPTER 3Corporation tax: general
Losses, other reliefs and deductions
31Arrangements for transfers of companies
1
In section 156 of CTA 2010 (definition of “arrangements” for purposes of sections 154 to 155B, etc)—
a
in subsection (2), in paragraph (b), after “include” insert
—
i
b
at the end of that paragraph insert
, or
ii
a condition or requirement imposed by, or agreed with, a Minister of the Crown, the Scottish Ministers, a Northern Ireland department or a statutory body.
c
after that subsection insert—
2A
In subsection (2) “statutory body” means a body (other than a company as defined by section 1(1) of the Companies Act 2006) established by or under a statutory provision for the purpose of carrying out functions conferred on it by or under a statutory provision, except that the Treasury may, by order, specify that a body is or is not to be a statutory body for this purpose.
2
In sections 154(3) and 155(3) of that Act (arrangements for transfers), for “154A” substitute “
155A
”
.
3
In section 188 of that Act (other definitions for Part 5), in subsection (1), after “ “company”” insert “
(except in section 156(2A)
”
.
4
The amendments made by this section have effect in relation to accounting periods ending on or after 1 April 2013.