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Contents

Legislation
Corporation Tax Act 2010

Chapter 1 Definitions

  • Section 1118 Introduction to Chapter
  • Section 1119 The definitions
  • Section 1120 “Bank”
  • Section 1121 “Company”
  • Section 1122 “Connected” persons
  • Section 1123 “Connected” persons: supplementary
  • Section 1124 “Control”
  • Section 1125 “Farming” and related expressions
  • Section 1126 “Franked investment income”
  • Section 1127 “Generally accepted accounting practice” and related expressions
  • Section 1128 “Grossing up”
  • Section 1129 “Hire-purchase agreement”
  • Section 1130 “Local authority”
  • Section 1131 “Local authority association”
  • Section 1132 “Offshore installation”
  • Section 1133 Regulations about the meaning of “offshore installation”
  • Section 1134 “Oil and gas exploration and appraisal”
  • Section 1135 “Property investment LLP”
  • Section 1136 “Qualifying distribution”
  • Section 1137 “Recognised stock exchange”
  • Section 1138 “Research and development”
  • Section 1139 “Tax advantage”
  • Section 1140 “Unauthorised unit trust”
  1. Chapter 1 · Definitions
  2. “Property investment LLP”

Section 1135 | “Property investment LLP”

From legislation.gov.uk

(1)In the Corporation Tax Acts “property investment LLP” means a limited liability partnership—

(a)whose business consists wholly or mainly in the making of investments in land, and

(b)the principal part of whose income is derived from investments in land.

(2)Whether a limited liability partnership is a property investment LLP is determined for each period of account of the partnership.

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