2010 No. 665
Corporation Tax
The Corporation Tax Act 2010 (Transitional Provision) Order 2010
Made
Coming into force
The Treasury make the following Order in exercise of the power conferred by section 1180(2) of the Corporation Tax Act 20101.
Citation, commencement and effect1
This Order may be cited as the Corporation Tax Act 2010 (Transitional Provision) Order 2010 and shall come into force on 1st April 2010 and have effect for accounting periods ending on or after that date.
Interest etc paid in respect of certain securities2
In relation to any interest or other distribution paid before 1 July 2009 section 1032(2) of the Corporation Tax Act 2010 has effect as if after “any enactment” there were inserted “, other than section 1285 of CTA 2009 (exemption for UK company distributions),”.
Tony CunninghamDave WattsTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Order)