Transfer of chargeable interest from a partnershipS
47 SFor the purposes of this schedule, there is a transfer of a chargeable interest from a partnership in any case where—
(a)a chargeable interest that was partnership property ceases to be partnership property, or
(b)a chargeable interest is created out of partnership property and the interest is not partnership property.
Commencement Information
I1 Sch. 17 para. 47 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2