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The Urban Regeneration Companies (Tax) (Designation) Order 2004

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This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Explanatory Note

(This note is not part of the Order)

This Order designates the companies listed in Articles 2, 3, 4 and 5 as urban regeneration companies.

Under section 79B(8) of the Income and Corporation Taxes Act 1988 (c. 1) an order under subsection 5 of that section may be framed so as to take effect on a date earlier than the making of the order, but not earlier than 1st April 2003 in the case of the first order under that subsection. This is the first order so made and accordingly has been framed so as to take effect on the 1st and 8th of April 2003, 17th July 2003 and 2nd December 2003.

Article 2 designates the companies listed below, and whose trading styles appear in brackets, with effect from 1st April 2003 :

Bradford City Centre Urban Regeneration Company Limited (Bradford Centre Regeneration);

Camborne Pool Redruth Urban Regeneration Company Limited (CPR Regeneration);

Corby Urban Regeneration Company Limited (Catalyst Corby);

Hull Urban Regeneration Company Limited (Hull Citybuild);

Leicester Regeneration Company Limited (Leicester Regeneration Company);

Newport Urban Regeneration Company Limited (Newport Unlimited);

Sheffield City Centre Urban Regeneration Company Limited (Sheffield One);

Sunderland ARC Limited (Sunderland Arc); and

Swindon Urban Regeneration Company Limited (The New Swindon Company).

In Article 3, Furness West Cumbria New Vision Urban Regeneration Company Limited is designated with effect from 8th April 2003 and is commonly known as West Lakes Renaissance.

In Article 4, Ilex Urban Regeneration Company Limited is designated with effect from 17th July 2003 and is commonly known as Ilex.

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