http://www.legislation.gov.uk/ukpga/2009/4/section/284Corporation Tax Act 2009An Act to restate, with minor changes, certain enactments relating to corporation tax; and for connected purposes.texttext/xmlenStatute Law Database2026-04-18Expert Participation2026-04-01 Corporation Tax Act 2009s. 1094(2A)-(2C)Finance Act 2012Sch. 3 para. 13(3)Corporation Tax Act 2009s. 1106(4A)-(4C)Finance Act 2012Sch. 3 para. 14(3)Corporation Tax Act 2009s. 322(2A)(zb)Finance Act 2016s. 73(5)Corporation Tax Act 2009s. 145(6)(e) and wordPlanning (Consequential Provisions) (Wales) Act 2026Deddf Cynllunio (Darpariaethau Canlyniadol) (Cymru) 2026Sch. 2 para. 400(b)Sch. 5 Pt. 1s. 5(2)Corporation Tax Act 2009s. 1058B(5)(ea)Neonatal Care (Leave and Pay) Act 2023Sch. para. 57s. 3(3)reg. 2 Part 4Chapter 92841This section applies if—aa company (“the transferor”) permanently ceases to carry on a UK property business,bthe transferor transfers to another person (“the transferee”) for value the right to receive sums arising from the carrying on of any business (“the transferred business”) comprised in the transferor's UK property business, andcthe transferee does not subsequently carry on the transferred business.2The transferor is treated as receiving a post-cessation receipt.3The amount of the receipt is—athe amount or value of the consideration for the transfer, if the transfer is at arm's length, orbthe value of the rights transferred as between parties at arm's length, if the transfer is not at arm's length.4Any sums mentioned in subsection (1)(b) which are received after the cessation of the property business are not post-cessation receipts.Pt. 4 Ch. 9 applied (with modifications) (22.7.2020) by Finance Act 2020 (c. 14), Sch. 16 para. 2(4)(b)