Corporation Tax Act 2010 section 1133

Regulations about the meaning of "offshore installation"

Section 1133 gives the Treasury power to make regulations defining or amending the meaning of "offshore installation" for corporation tax purposes.

• The Treasury may make regulations to define or change the meaning of "offshore installation" in the Corporation Tax Acts.
• These regulations can add to, amend or remove any provision of section 1132, which contains the main definition of "offshore installation".
• Different rules can be made for different purposes, allowing flexibility in how the definition applies across various contexts.
• The regulations may include supplementary, consequential and transitional provisions, as well as savings to protect existing arrangements.