SCHEDULE 11Reconstruction relief and acquisition relief

PART 1Introductory

Overview

I11

1

This schedule provides for relief for certain transactions in connection with the reconstruction and acquisition of companies.

2

It is arranged as follows—

  • Part 2 provides for when reconstruction relief is available,

  • Part 3 provides for when acquisition relief is available,

  • Part 4 provides for when the relief is withdrawn,

  • F1Part 4A provides for recovery of tax where relief is withdrawn,

  • Part 5 defines expressions used in this schedule.