Corporation Tax Act 2010 section 607

Meaning of "entry" and "cessation" etc

Section 607 defines key terms used throughout the UK REIT rules to describe when a company or group joins or leaves the UK REIT regime, and how to refer to the entity before and after those events.

• "Entry" means the point in time when a group becomes a group UK REIT, or when a company becomes (or becomes a member of) a UK REIT.
• "Cessation" means the point in time when a group ceases to be a UK REIT, or when a company ceases to be (or to be a member of) a UK REIT.
• "Pre-entry group" or "pre-entry company" refers to the group or company as it existed before entry into the UK REIT regime.
• "Post-cessation group" or "post-cessation company" refers to the group or company as it exists after leaving the UK REIT regime.