Contents
PART 1PRELIMINARY PROVISIONS AND INTERPRETATION
1Citation, commencement and effect
2Introduction and structure of Regulations
3Interpretation
PART 2DISALLOWANCE OF DEDUCTIONS
CHAPTER 1APPOINTMENT OF AUTHORISED COMPANY
4Appointment of authorised company
5Supplemental provisions: timing and effect
6Duration of appointment
7Revocation of appointment by notice
8Revocation of appointment on authorised company ceasing to be a relevant group company
9Revocation of appointment on a company becoming or ceasing to be a company to which Part 3 of Schedule 15 applies
CHAPTER 2STATEMENT OF ALLOCATED DISALLOWANCES
10Submission of statement of allocated disallowances
11Information to be given in connection with a statement of allocated disallowances
12Statement of allocated disallowances treated as received within specified time
13Revised statement of allocated disallowances treated as received within specified time
14Statement of allocated disallowances treated as complying with paragraph 21 of Schedule 15
CHAPTER 3FAILURE OF REPORTING BODY TO SUBMIT A STATEMENT OF ALLOCATED DISALLOWANCES
15Reduction of financing expense amounts
16Information to be provided in relation to a company required to make default reductions
17Non-compliance
18Amendment of tax return by company
PART 3EXEMPTION OF FINANCING INCOME
CHAPTER 1APPOINTMENT OF AUTHORISED COMPANY
19Appointment of authorised company
20Supplemental provisions: timing and effect
21Duration of appointment
22Revocation of appointment by notice
23Revocation of appointment on authorised company ceasing to be a UK group company
24Revocation of appointment on a company becoming or ceasing to be a company to which Part 4 of Schedule 15 applies
CHAPTER 2STATEMENT OF ALLOCATED EXEMPTIONS
25Submission of statement of allocated exemptions
26Information to be given in connection with a statement of allocated exemptions
27Statement of allocated exemptions treated as received within specified time
28Revised statement of allocated exemptions treated as received within specified time
29Statement of allocated exemptions treated as complying with paragraph 26 of Schedule 15
CHAPTER 3FAILURE OF REPORTING BODY TO SUBMIT A STATEMENT OF ALLOCATED EXEMPTIONS
30Information to be provided in relation to a company required to make default reductions
31Non-compliance
32Amendment of tax return by company

2009 No. 3173

Corporation Tax

The Corporation Tax (Financing Costs and Income) Regulations 2009

Made

Laid before the House of Commons

Coming into force in accordance with regulation 1

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by paragraphs 17(3), 24, 25(4) and (5), 26, 29(3), 36 and 38 of Schedule 15 to the Finance Act 20091.