This section has no associated Explanatory Notes
21SRelief under this schedule is not withdrawn where—
(a)the buyer ceases to be a member of the same group as the seller as a result of an acquisition of shares by another company (“the acquiring company”) in relation to which—
(i)section 75 of the Finance Act 1986 (c.41) (stamp duty: acquisition relief) applies, and
(ii)the conditions for relief under that section are met, and
(b)the buyer is immediately after that acquisition a member of the same group as the acquiring company.
Commencement Information
I1 Sch. 10 para. 21 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2