[F1332AGroups containing securitisation companiesU.K.
This section has no associated Explanatory Notes
(1)This section applies where a member of the worldwide group is a securitisation company within the meaning of section 83(2) of FA 2005 or section 623 of CTA 2010 at any time during a period of account of the worldwide group.
(2)The reference in section 332(1) to amounts disclosed in the financial statements of the worldwide group for the period are to the amounts that would have been disclosed in those statements had they been prepared on the assumption that the company mentioned in subsection (1) was not a member of the worldwide group.]
Textual Amendments
F1Ss. 332A-332C inserted (retrospectively) by Finance (No. 3) Act 2010 (c. 33), Sch. 5 paras. 27, 36(1)