Section 532 — Corporation Tax Act 2010: Financial statements for group UK REITs

Financial statements for group UK REITs 532 1 This section and section 533 set out the requirements referred to in section 527(2)(e) for financial statements in relation to a group UK REIT for an accounting period.

2 The principal company must prepare—

a a financial statement for the group's property rental business for the accounting period, b a financial statement for the group's property rental business in the United Kingdom for the period, and c a financial statement for the group's residual business for the period.

3 The reference in subsection (2)(b) to the group's property rental business in the United Kingdom is a reference to—

a property rental business of UK members of the group, and b UK property rental business of other members.