Corporation Tax Act 2010 section 569

Chapter subject to section 572

Section 569 establishes that the provisions of this chapter on leaving the UK REIT regime are subject to the overriding power of HMRC to terminate UK REIT status under section 572.

• This chapter's provisions on leaving the UK REIT regime do not operate in isolation
• All rules in this chapter are subordinate to the powers set out in section 572
• Under section 572, an officer of Revenue and Customs may terminate the UK REIT status of a group or company
• This HMRC power applies in certain specified circumstances and can override the normal exit provisions