[225R [Introduction to section 225S]]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[Abandonment expenditure]

[225R  [Introduction to section 225S]]

[(1)     [Section 225S applies] if—

(a)     paragraph 2A of Schedule 5 to OTA 1975 applies. . ., and

(b)     the default payment falls (in whole or part) to be attributed to the contributing participator under paragraph 2A(2) of that

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