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Legislation
Corporation Tax Act 2010

Crossheading Notice to leave regime

  • Section 571 Termination by notice: group or company
  • Section 572 Termination by notice: officer of Revenue and Customs
  • Section 573 Notice under section 572: tax advantage
  • Section 573A Notice under section 572: condition D in section 528 not met
  • Section 573B Notice under section 572: further condition relating to shares not met
  • Section 574 Notice under section 572: serious breach
  • Section 575 Notice under section 572: breach of conditions as to property rental business
  • Section 576 Notice under section 572: breach of conditions as to balance of business
  • Section 577 Notice under section 572: multiple breaches of conditions in Chapter 2
  1. Notice to leave regime
  2. Termination by notice: group or company

Section 571 | Termination by notice: group or company

From legislation.gov.uk

(1)Subsection (2) applies if—

(a)the principal company of a group UK REIT, or

(b)a company UK REIT,

gives a notice specifying a date at the end of which the group or company is to cease to be a UK REIT.

(2)The group or company ceases to be a UK REIT at the end of that date.

(3)A notice under subsection (1) must be given in writing to an officer of Revenue and Customs.

(4)The date specified in a notice under subsection (1) must be after the date on which the officer receives the notice.

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