Section 1100 — Corporation Tax Act 2010: Certain distributions: right to request a statement

Certain distributions: right to request a statement 1100 1 If a company makes a distribution to which this section applies , the recipient is entitled to ask the company to provide a statement in writing showing—

a the amount or value of the distribution, ... b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 The request must be in writing.

4 The company which makes the distribution has a duty to comply with a request under subsection (1), and that duty is enforceable by the recipient. 4A This section applies to any distribution other than one which is a distribution for the purposes of the Corporation Tax Acts only because it falls within paragraph C or D in section 1000(1) (redeemable share capital or security issued as bonus in respect of shares in, or securities of, the company). 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 This section does not affect the operation of section 1104 (duty to provide tax certificates).

7 This section , and sections 1101 to 1103, need to be read with section 396A(2) of ITTOIA 2005 (which treats certain receipts as distributions to which this section applies ).