Section 356OR — Corporation Tax Act 2010: “Land” and related expressions

“Land” and related expressions 356OR 1 In this Part “ land ” includes—

a buildings and structures, b any estate, interest or right in or over land, and c land under the sea or otherwise covered by water.

2 In this Part references to property deriving its value from land include—

a any shareholding in a company deriving its value directly or indirectly from land, b any partnership interest deriving its value directly or indirectly from land, c any interest in settled property deriving its value directly or indirectly from land, and d any option, consent or embargo affecting the disposition of land.