Section 1073 — Corporation Tax Act 2010: Key terms etc

Key terms etc 1073 1 The following are key terms in this Chapter—

a “chargeable payment” (see sections 1088 and 1089),

b “company concerned in an exempt distribution” (see section 1090),

c “the distributing company” (see section 1079),

d “exempt distribution” (defined in section 1075),

and e “relevant company” (defined in section 1080).

2 For a further rule about chargeable payments made within 5 years after an exempt distribution see section 1028 (rule that they are not treated as repayments of capital for certain purposes).