SCHEDULES

SCHEDULE 2U.K.Transitionals and savings etc.

Part 8 U.K.Miscellaneous income

Certain telecommunication rightsU.K.

131(1)That Chapter also does not apply to an IRU acquired by a person on or after that date (directly or indirectly) from an associate or an associated company if the associate or associated company acquired the IRU before that date.U.K.

(2)In sub-paragraph (1)—

  • “associate” has the meaning given by [F1section 448 of CTA 2010], and

  • “associated company”—

    (a)

    in relation to another company, has the meaning given by [F2section 449 of that Act], and

    (b)

    in relation to any other person, means a company of which that person has control within the meaning of [F3sections 450 and 451 of that Act].

Textual Amendments

F1Words in Sch. 2 para. 131(2) substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 471(4)(a) (with Sch. 2)

F2Words in Sch. 2 para. 131(2) substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 471(4)(b)(i) (with Sch. 2)

F3Words in Sch. 2 para. 131(2) substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 471(4)(b)(ii) (with Sch. 2)