PART 1 U.K. Income Tax, Corporation Tax and Capital Gains Tax

CHAPTER 3 U.K. Corporation tax: general

Other provisions U.K.

45 Condition for company to be an “investment trust” U.K.

(1) In section 1158(2) of CTA 2010 (condition A for a company to be an “investment trust”), for “the business of the company consists of” substitute “ all, or substantially all, of the business of the company is ”.

(2) The amendment made by this section has effect in relation to accounting periods beginning on or after 1 January 2012.