Part 4: Income tax, corporation tax and capital gains tax Section 38: Restitution interest payments Details of the section CTA 2010 Part 8C: Restitution Interest
Subsections (1) – (3) introduce new Part 8C to Corporation Tax Act (CTA) 2010.
	Subsection (4) - (8) provide consequential amendments to section 59D of Taxes Management Act (TMA) 1970 and Schedule 56 to Finance Act (FA) 2009.
	Subsection (9) provides that this section has effect in relation to payments of restitution interest in respect of awards that are finally determined on or after 21 October 2015.
	Subsection (10) provides that this section has effect in relation to a withholding obligation on HMRC in relation to payments of restitution interest made on or after 26 October 2015.
	Subsections (11) – (12) provide definitions for the purpose of subsection (9)