[517H Fragmented activities]
Income Tax Act 2007 (2007 c 3) | Legislation

[Anti-fragmentation]

[517H  Fragmented activities]

[(1)     Subsection (3) applies if—

(a)     a person (“P”) disposes of any land in the United Kingdom,

(b)     any of conditions A to D in section 517B is met in relation to the land, and

(c)     a person (“R”) who is associated with P at a relevant time has made a relevant contribution to activities falling within subsection (2).

(2)     The following activities fall within this subsection—

(a)     the development of the land,

(b)     any other activities directed towards realising a profit or gain from the disposal of the land.

(3)     For the purposes of this

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