Corporation Tax Act 2009

Shares with guaranteed returns: income-producing assets for the increasing value conditionU.K.

77U.K.In relation to any time before 16 May 2008, section 527(4) (meaning of “income-producing assets” for the purposes of the increasing value condition) applies with the substitution for paragraph (c) of the following paragraph—

(c)any share as respects which the redemption return condition is met or would be met apart from section 529(1)(c) (excepted shares),.