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Legislation
Corporation Tax Act 2010

Crossheading Qualifying payments

  • Section 191 Qualifying payments
  • Section 192 Condition as to repayment
  • Section 193 Associated acquisition etc
  • Section 194 Distributions
  • Section 195 Associated benefits
  • Section 196 Associated benefits: meaning
  • Section 197 Restrictions on associated benefits
  • Section 198 Payments and benefits linked to periods of less than 12 months
  1. Qualifying payments
  2. Associated acquisition etc

Section 193 | Associated acquisition etc

From legislation.gov.uk

(1)A payment is disqualified under this section if—

(a)it is conditional on an acquisition of property by the charity from the company or a person associated with the company,

(b)it is associated with such an acquisition, or

(c)it is part of an arrangement involving such an acquisition.

(2)An acquisition by way of gift is to be ignored for the purposes of this section.

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