PART 4

Income tax, corporation tax and capital gains tax

Corporation tax

Group relief
35
1
In section 133 of CTA 2010 (claims for group relief: consortium conditions 2 and 3)—
a
in subsection (1)—
i
at the end of paragraph (e) insert “ and ”, and
ii
omit paragraph (g) and the “and” before it,
b
in subsection (2)—
i
at the end of paragraph (e) insert “ and ”, and
ii
omit paragraph (g) and the “and” before it, and
c
omit subsections (5) to (8).
2
Accordingly—
a
in section 129(2) of CTA 2010 for “134A” substitute “ 134 ”,
b
in section 130(2) of that Act—
i
in paragraph (c), for “and (3) to (8)” substitute “ , (3) and (4) ”, and
ii
in paragraph (d), for “(8)” substitute “ (4) ”,
c
omit section 134A of that Act, and
d
in Schedule 6 to the Finance (No. 3) Act 2010, omit paragraphs 4(4) and 5.
3
The amendments made by this section have effect in relation to accounting periods beginning on or after 10 December 2014.