Income Tax Act 2007 section 606

Interpretation of Chapter

Section 606 provides the definitions and interpretation rules for terms used throughout this Chapter, drawing on several predecessor provisions.

• This section defines key terms used elsewhere in the Chapter, ensuring consistent interpretation of its provisions.
• The definitions were originally derived from sections 231AA, 231AB and 737A to 737C of the Income and Corporation Taxes Act 1988, as well as section 139 of, and paragraph 4 of Schedule 17 to, the Finance Act 2006.
• The section has been amended on several occasions, notably by the Corporation Tax Act 2010 and the Finance Act 2013, to keep the definitions aligned with wider legislative changes.
• It serves as the reference point for understanding the specific meanings that apply when reading other provisions in this Chapter.