Corporation Tax Act 2009

[F1127AApplication of Chapter 8AU.K.

This section has no associated Explanatory Notes

(1)This Chapter applies if—

(a)an animal treated as trading stock of a farming trade is slaughtered under a disease control order,

(b)the animal is not part of a production herd of a class in respect of which a herd basis election may be made under section 124, and

(c)the farm company receives or will receive compensation for the animal.

(2)Such an animal is referred to in this Chapter as a “relevant animal”.

(3)“Disease control order” has the same meaning as in section 124.]

Textual Amendments

F1Ch. 8A inserted (1.3.2012) (with effect in accordance with art. 12 of the amending S.I.) by The Enactment of Extra-Statutory Concessions Order 2012 (S.I. 2012/266), arts. 1, 10