234 Restrictions on section 232 expenses: lease of part of premises
Corporation Tax Act 2009 (2009 c 4) | Legislation

234  Restrictions on section 232 expenses: lease of part of premises

(1)     This section applies if—

(a)     a lease has been granted out of the taxed lease,

(b)     the lease does not extend to the whole of the premises subject to the taxed lease, and

(c)     the condition in subsection (2) is met.

(2)     The condition is that—

(a)     in calculating the amount of a receipt under any of sections 217 to 221 (receipts in respect of lease premiums or sums payable instead of rent, for surrender of lease

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