Finance Act 2006 (c. 25)

SCHEDULES

SCHEDULE 17 U.K. Group Real Estate Investment Trusts: modifications

Introduction U.K.

2 U.K. In this Schedule, in relation to a group—

(a) “G (pre-entry)” means the group before Part 4 begins to apply to it,

(b) “G (property rental business)” means the group in so far as it carries on property rental business which satisfies [F1 Conditions 1 and 2] of section 107 (as modified by paragraph 6 below) while Part 4 applies to it,

(c) “G (residual)” means the group in so far as it carries on other business while Part 4 applies to it, and

(d) “G (post-cessation)” means the group after Part 4 has ceased to apply to it.

Textual Amendments

F1 Words in Sch. 17 para. 2(b) substituted (with effect as mentioned in s. 52(2) of the amending Act) by Finance Act 2007 (c. 11), s. 52, Sch. 17 para. 16(2)