
1 

(1) These regulations may be cited as the Corporation Tax (Implementation of the Mergers Directive) Regulations 2011.
(2) These regulations come into force on 1st July 2011.
2 

(1) The Taxation of Chargeable Gains Act 1992 is amended as follows.
(2) In section 140H(2)(a) (share exchanges: meaning of “company”) for “the Annex” substitute “Part A of Annex I”.
(3) In section 140L(1) (interpretation of sections 140A to 140L)—
(a) in paragraph (a) from “90/434/EEC” to the end substitute “2009/133/EC,”, and
(b) in paragraphs (b) and (c) for “the Annex” substitute “Part A of Annex I”.
3 
In section 110(4) of the Finance Act 2007 (Mergers Directive: regulations), in the definition of “the Mergers Directive” for “90/434/EEC” substitute “2009/133/EC”.
4 

(1) The Corporation Tax Act 2009 is amended as follows.
(2) In section 430(1) (interpretation: meaning of “company”) for “the Annex” substitute “Part A of Annex I”.
(3) In section 439(1) (interpretation), in the definition of “company” for “the Annex” substitute “Part A of Annex I”.
(4) In section 681(1) (interpretation: meaning of “company”) for “the Annex” substitute “Part A of Annex I”.
(5) In section 688(1) (interpretation), in the definition of “company” for “the Annex” substitute “Part A of Annex I”.
(6) In section 819(5)(a) (European cross-border transfers of business: introduction: meaning of “company”) for “the Annex” substitute “Part A of Annex I”.
(7) In section 823(5) (interpretation of sections 821 and 822: references to a company) for “the Annex” substitute “Part A of Annex I”.
(8) In section 1319 (other definitions), in the definition of “the Mergers Directive” from “(EEC)” to the end substitute “2009/133/EC,”.
5 
In section 123 of the Taxation (International and Other Provisions) Act 2010 (interpretation of sections 116 to 122)—
(a) in the definition of “company” for “the Annex” substitute “Part A of Annex I”, and
(b) in the definition of “the Mergers Directive” from “90/434/EEC” to the end substitute “2009/133/EC,”.
Michael Fabricant
Angela Watkinson
Two of the Lords Commissioners of Her Majesty’s Treasury
7th June 2011