Section 15 | Real Estate Investment Trusts

Schedule 3 makes changes to Part 12 of CTA 2010 in relation to—

(a)the conditions for companies in relation to UK REITs in section 528 and 528A of that Act;

(b)the requirement to prepare financial statements under section 532 of that Act;

(c)the balance of business test in section 531 of that Act;

(d)the meaning of “holder of excessive rights” in section 553 of that Act.