The Corporation Tax (Financing Costs and Income) Regulations 2009 No. 3173

PART 2 DISALLOWANCE OF DEDUCTIONS

CHAPTER 1 APPOINTMENT OF AUTHORISED COMPANY

Revocation of appointment on authorised company ceasing to be a relevant group company

8.—(1) An appointment under paragraph 17 of Schedule 15 ceases to have effect if the company appointed under that paragraph ceases to be a company to which Part 3 of Schedule 15 applies.

(2) The appointment ceases to have effect in relation to the relevant period of account in which the company ceased to be a company to which Part 3 of Schedule 15 applies and subsequent periods of account.