Section 601 — Corporation Tax Act 2010: Availability of group reliefs

Availability of group reliefs 601 1 In the application of a provision specified in subsection (2) to a group of companies, the group so far as it carries on property rental business while it is a UK REIT is to be treated as a separate group, distinct from—

a the pre-entry group, b the group so far as it carries on residual business while it is a UK REIT, and c the post-cessation group.

2 The provisions mentioned in subsection (1) are—

a section 171 of TCGA 1992 (transfer of assets within group),

b sections 171A to 171C of TCGA (reallocation of gain or loss within group),

c sections 179A and 179B of TCGA 1992 (degrouping: reallocation of gain or loss, or rollover of gain, within group),

d Chapters 4 and 6 to 8 of Part 5 of CTA 2009 (loan relationships),

e Part 7 of that Act (derivative contracts),

f Part 8 of that Act (intangible assets), ... g Part 5 of this Act (group relief) , and h Part 5A of this Act (group relief for carried-forward losses)