Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 4: Loss relief

Chapter 7: Write–off of government investment

Section 94: Cases in which government investment is written off

326. This section sets out the three circumstances which constitute a write-off of government investment. It is based on section 400(7), (8), (9) and (10) of ICTA.