Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 12: Real Estate Investment Trusts

Chapter 10: Joint ventures
Section 594: Modifications of Chapter 3

1866.This section makes specific modifications to the Part in relation to property rental business carried on by a joint venture company or by one or more members of a joint venture group. It is based on sections 138(1) and (2) of FA 2006.

1867.This section enacts parts of SI 2006/2866 and SI 2007/3425. See Change 43 in Annex 1.