(1)A local authority in the United Kingdom is not liable to corporation tax.
(2)A local authority association in the United Kingdom is not liable to corporation tax.
Modifications etc. (not altering text)
C1S. 984 modified by 1999 c. 29, s. 34A(3) (as inserted (15.1.2012) by Localism Act 2011 (c. 20), ss. 224(2), 240(2); S.I. 2012/57, art. 4(1)(cc) (with arts. 6, 7, 9-11))