Corporation Tax Bill

House of Commons

Session 2009 - 10
Internet Publications
Other Bills before Parliament

Corporation Tax Bill

Corporation Tax Bill
Schedule 3 — Repeals and revocations
Part 1 — General
722

Reference
Extent of repeal or revocation

Scotland Act 1998 (Transfer of
Article 3.

Functions to the Scottish
Article 5.

Finance Act 2004, Sections 38 to
In the Schedule, paragraphs 20 and 39.

40 and 45 and Schedule 6

5

(Consequential Amendment

of Enactments) Order 2004

(S.I. 2004/2310)

Constitutional Reform Act 2005
In Schedule 11, paragraph 29.

(c. 4)

10

Income Tax (Trading and Other
In Schedule 1, paragraphs 96, 111 to 113, 119,

Income) Act 2005 (c. 5)
120(2), 169, 171, 173, 174, 188(2)(a), 190, 191,

195, 198, 280, 312, 313, 337, 341, 347, 514 and

577.

Finance Act 2005 (c. 7)
Section 11.

15

Section 48(2).

Section 84.

In Schedule 4, paragraphs 8, 18 and 23.

Finance (No. 2) Act 2005 (c. 22)
Section 13.

Section 16.

20

Section 38(5).

In Schedule 7, paragraph 3.

Tax and Civil Partnership
Regulation 48.

Regulations 2005 (S.I. 2005/

3229)

25

Finance Act 2006 (c. 25)
Section 25.

Section 26(4) and (5).

Sections 54 to 58.

Section 82.

Section 83(1) and (2).

30

Section 95(9).

Section 101(5).

Sections 103 to 134.

Section 136.

Section 136A.

35

Section 138.

Section 139.

Section 141.

Section 142.

Section 144.

40

Section 145(1).

Section 154(2) and (11).

In Schedule 1, Part 1.

In Schedule 8, paragraphs 10 and 11.

In Schedule 9, paragraphs 1 and 2.

45

Schedule 10.

In Schedule 13, paragraphs 9, 10, 12, 13, 18, 20

and 25.

Schedule 16.

Schedule 17.

50

In Schedule 18, paragraph 12(2).

Schedule 19.

Corporation Tax Bill
Schedule 3 — Repeals and revocations
Part 1 — General
723

Reference
Extent of repeal or revocation

National Health Service
In Schedule 1, paragraphs 99 to 101.

(Consequential Provisions)

Act 2006 (c. 43)

Authorised Investment Funds
Regulation 88.

5

(Tax) Regulations 2006 (S.I.
In regulation 96(5) the words ““umbrella

2006/964)
company” has the meaning given by section

468A of ICTA” and the word “and” preceding

those words.

Real Estate Investment Trusts
Regulations 2 to 10 and 12 to 14.

10

(Breach of Conditions)

Regulations 2006 (S.I. 2006/

2864)

Real Estate Investment Trusts
The whole Regulations.

(Joint Ventures) Regulations

15

2006 (S.I. 2006/2866)

Income Tax Act 2007 (c. 3)
In section 348(3), the word “which” where it first

appears.

In section 356(1), the words “(“the relevant

time”)”.

20

In section 364(1)(d), the words “(“the excess”)”.

In section 591(1), the definitions of “C (tax-

exempt)” and “G (property rental business)”.

Section 606(4).

Section 809ZB.

25

In Schedule 1, paragraphs 9, 14 to 17, 22, 51, 74,

76, 77, 84(2), 85 to 87, 88(5) and (7), 92(3), 94 to

100, 101(2) and (4), 104 to 106, 117, 119 to 132,

137 to 139, 146, 148, 153 to 159, 161, 171(2)(b),

184 to 186, 208(2) to (4) and (6), 212, 214, 219

30

to 228, 230, 231, 237, 238, 263(a), 284(3) and

(4), 392, 419, 420, 453, 458, 462(3), 616 to 620,

621(2) and (3)(a) and (b) and 626.

In Schedule 2, paragraphs 38(5), 40(4), 41(6),

42(5) and (6), 43(2), 44(2), 45(4), 46(5) and (6),

35

47(2), 48(3) and (4), 49(2), 50(2) and (3), 51(2)

and (3), 52(3), 53(2), 54(3), 55(2) and (3), 56(2)

and 57(7) and (8).

In Schedule 4, the 3 entries relating to “C (tax-

exempt)” and the 3 entries relating to “G

40

(property rental business)”.

Finance Act 2007 (c. 11)
Section 3.

Section 27(5).

Section 53(12).

Section 57(1), (3), (6) and (7).

45

Section 59(4) to (6).

Section 60(2).

In Schedule 5, paragraph 9.

In Schedule 6, paragraphs 1 and 2.

In Schedule 7, paragraph 54.

50

In Schedule 14, paragraphs 2 and 3.

In Schedule 16, paragraph 11(3) and (4).

In Schedule 17, paragraphs 1 to 17.

Corporation Tax Bill
Schedule 3 — Repeals and revocations
Part 1 — General
724

Reference
Extent of repeal or revocation

Finance Act 2007 (c. 11)—cont.
In Schedule 25, paragraph 1.

In Schedule 26, paragraphs 2 and 7(2) and (4) to

(9).

Real Estate Investment Trusts
The whole Regulations.

5

(Joint Venture Groups)

Regulations 2007 (S.I. 2007/

3425)

Real Estate Investment Trusts
The whole Regulations.

(Breach of Conditions)

10

(Amendment) Regulations

2007 (S.I. 2007/3540)

Finance Act 2008 (c. 9)
Section 7.

Section 35.

Section 54.

15

Section 56.

Section 89.

Section 111(1).

Section 112.

In Schedule 1, paragraphs 41 and 42.

20

In Schedule 16, paragraphs 3, 7 to 9 and 11(2).

In Schedule 19—

(a)
in paragraph 1(3), paragraph (a) and the

word “or” at the end of paragraph (b),

and

25

(b)
paragraph 8.

In Schedule 20—

(a)
paragraphs 1 and 9, and

(b)
in paragraph 11, in sub-paragraph (2)

the words “Section 502B of ICTA or”, in

30

sub-paragraph (5) the words “section

502B of ICTA or”, in sub-paragraph (7)

the words “section 502B(2) of ICTA or”,

in sub-paragraph (8) the words “Section

502C of ICTA or” and in sub-paragraph

35

(9) the words “section 502D of ICTA or”.

In Schedule 35, paragraphs 1, 3 to 6 and 9.

In Schedule 36, paragraphs 37B(3)(a), 80 and 82.

In Schedule 39, paragraphs 22, 23 and 48.

Corporation Tax Act 2009 (c. 4)
In section 57(2)(a), the words “(see subsection

40

(3))”.

Section 968.

In section 1221(1), paragraph (g) and the word

“or” at the end of that paragraph.

Section 1223(4).

45

Section 1262(3).

Section 1311.

Sections 1317 and 1318.

In section 1319, the definitions of “basic rate”,

“charity”, “non-UK resident”, “retail prices

50

index”, “tax year”, “the tax year 2009-10” and

“UK resident”.

Section 1320(1).

Corporation Tax Bill
Schedule 3 — Repeals and revocations
Part 1 — General
725

Reference
Extent of repeal or revocation

Corporation Tax Act 2009 (c.
In Schedule 1, paragraphs 86, 97 to 102, 105 to

4)—cont.
113, 115, 116, 118 to 124, 166 to 171, 174, 175,

177, 178, 213, 215, 221 to 224, 231, 272 to 277,

284, 285, 290, 461(2)(b), 561 to 563, 684 to 691,

5

695, 697 and 698.

In Schedule 4, the entry for “qualifying policy”.

Finance Act 2009 (c. 10)
Section 28.

Section 29.

Section 38.

10

Section 58.

Section 62.

Section 63.

Section 66.

Section 90.

15

Schedule 9.

Schedule 10.

In Schedule 12, paragraph 3.

In Schedule 14, paragraphs 6, 11, 12 and 19.

Schedule 18.

20

In Schedule 19, paragraph 10(b).

In Schedule 22, paragraph 11(2).

In Schedule 25, paragraphs 1 to 6 and 9(4).

Schedule 29.

Schedule 31.

25

In Schedule 32, paragraphs 9 to 11.

In Schedule 33—

(a)
paragraph 1,

(b)
in paragraph 5(1), the words “Section

502B of ICTA or”,

30

(c)
in paragraph 6(1), the words “section

502B(2) of ICTA or”,

(d)
in paragraph 7, the words “Section 502C

of ICTA or”, and

(e)
in paragraph 8(1) the words “section

35

502D(2) of ICTA or”, and in paragraph

9(b) the words “section 502B of ICTA

or”.

Schedule 34.

Schedule 44.

40

In Schedule 45, paragraph 4.

Income Tax Act 2007
Article 2.

(Amendment) Order 2009

(S.I. 2009/23)

Transfer of Tribunal Functions
In Schedule 1, paragraphs 150 to 153 and 446 to

45

and Revenue and Customs
449.

Appeals Order 2009 (S.I.

2009/56)

Income Tax Act 2007
Article 2.

(Amendment) (No. 2) Order

50

2009 (S.I. 2009/2859)

Corporation Tax Bill
Schedule 3 — Repeals and revocations
Part 2 — Repeals and revocations having effect for corporation tax purposes only
726

Reference
Extent of repeal or revocation

Corporation Tax
The whole Regulations.

(Implementation of the

Mergers Directive)

Regulations 2009 (S.I. 2009/

5

2797)

Part 2
Repeals and revocations having effect for corporation tax purposes only

Reference
Extent of repeal or revocation

Finance Act 1982 (c. 39)
In Schedule 19, paragraph 10(7).

10

Income and Corporation Taxes
Section 24.

Act 1988 (c. 1)
Section 493(1) to (6).

Section 495.

Section 496.

Section 502(1) and (2).

15

Sections 774A to 774G.

Sections 779 to 785.

Section 786.

Finance Act 1990 (c. 29)
Section 62(3).

Finance Act 1991 (c. 31)
Sections 62 to 65.

20

Finance (No. 2) Act 1992 (c. 48)
Section 55.

Section 66.

Schedule 12.

Finance Act 1996 (c. 8)
In Schedule 21, paragraph 21.

Finance Act 1997 (c. 16)
In Schedule 12, paragraphs 1 to 7, 9 to 11, 13 to

25

17 and 20 to 30.

Petroleum Act 1998 (c. 17)
In Schedule 4, paragraph 25.

Finance Act 1998 (c. 36)
Section 152(3).

In Schedule 7—

(a)
in paragraph 1, the entries for provisions

30

of sections 779, 780, 781, 782 and 785 of

ICTA,

(b)
in paragraph 8, the words “and Schedule

12” to the end, and

(c)
paragraph 12.

35

Capital Allowances Act 2001
In Schedule 2, paragraphs 42, 57, 73 and 98.

(c. 2)

Finance Act 2002 (c. 23)
Section 103(4)(e).

Section 107.

Income Tax (Earnings and
In Schedule 6, paragraphs 101 and 102.

40

Pensions) Act 2003 (c. 1)

Finance Act 2004 (c. 12)
Section 285(7).

In Schedule 37, paragraphs 10 and 11.

Corporation Tax Bill
Schedule 4 — Index of defined expressions
727

Reference
Extent of repeal or revocation

Finance Act 2004, Sections 38 to
In the Schedule, paragraphs 32 and 33.

40 and 45 and Schedule 6

(Consequential Amendment

of Enactments) Order 2004

5

(S.I. 2004/2310)

Income Tax (Trading and Other
In Schedule 1, paragraphs 192 to 194, 300, 314 to

Income) Act 2005 (c. 5)
320 and 494.

Finance Act 2005 (c. 7)
Section 48B(5)(b) and (c).

Section 54A.

10

Tax and Civil Partnership
Regulation 98.

Regulations 2005 (S.I. 2005/

3229)

Finance Act 2006 (c. 25)
Section 151.

In Schedule 6, paragraphs 6 and 8.

15

In Schedule 9, paragraphs 3 and 7.

In Schedule 18, paragraph 12(3)(b) and (7).

Income Tax Act 2007 (c. 3)
In Schedule 1, paragraphs 187 to 190.

Finance Act 2007 (c. 11)
In Schedule 5, paragraphs 3 to 7 and 17(4).

In Schedule 14, paragraph 9.

20

Finance Act 2008 (c. 9)
Section 104.

In Schedule 2, paragraph 69(3).

In Schedule 27, paragraph 21.

In Schedule 39, paragraph 27.

Alternative Finance
The whole Order.

25

Arrangements (Community

Investment Tax Relief) Order

2008 (S.I. 2008/1821)

Corporation Tax Act 2009 (c. 4)
In Schedule 1, paragraphs 13(2)(a), 226 to 229,

232(2), (3)(b) and (d), 233, 234(3), (4)(a) and

30

(c), 236, 241, 356, 389, 390, 447 and 448.

Transfer of Tribunal Functions
In Schedule 1, paragraph 156(2).

and Revenue and Customs

Appeals Order 2009

(S.I. 2009/56)

35

Schedule 4
Section 1182

Index of defined expressions

abandonment guarantee (in Chapter 4 of Part 8)
section 292(6)

accountancy rental earnings (in Part 21)
section 897(1)

accountancy rental excess (in Part 21)
section 937

40

Corporation Tax Bill
Schedule 4 — Index of defined expressions
728

accounting period
section 1119

accounting period 1 (in Part 12)
section 609

accounts (of a UK resident company) (in Chapter
section 17(1)

4 of Part 2)

accounts (in Chapter 2 of Part 16)
section 774

5

Act
section 1119

the actual accounting period (in Chapter 3 of
section 678(4)

Part 14)

the actual accounting period (in Chapter 4 of
section 695(4)

Part 14)

10

adjusted ring fence profits (in Chapter 7 of Part
section 357

8)

allowable loss
TCGA 1992 (applied

by section 1119)

amount of profits which represents a relevant
section 693

15

gain (in Chapter 4 of Part 14)

another person (in Part 18)
section 825

arrangements (in Chapter 2 of Part 16)
section 775

arrangements (in Chapter 3 of Part 22)
section 962(1)

asset (in Part 12)
section 608(1)

20

asset (in Part 21)
section 937

asset “involved” in a business (in Part 12)
section 608(3)

asset representing the leased asset (in Part 21)
section 937

assets “used” in a business (in Part 12)
section 608(2)

assignment (in relation to Scotland)
1166(1)

25

associate (in Part 7)
section 268

associate (in Part 10)
section 448

associated (in Chapter 1 of Part 19)
section 847

associated company (in Part 3)
section 25(4)

associated company (in Part 8)
section 271

30

associated company (in Chapter 3 of Part 9)
section 408

associated company (in Chapter 4 of Part 9)
section 430

associated company (in Part 10)
section 449