SCHEDULES
SCHEDULE 24 Provisions relating to the Railways Act 1993
Chargeable gains: assets held before 6th April 1965
10
Schedule 2 to the Gains Act (assets held on 6th April 1965) shall have effect in relation to any assets which vest in the transferee by virtue of a relevant transfer as if—
a
the predecessor and the transferee were the same person; and
b
those assets, to the extent that they were in fact acquired or provided by the predecessor, were acquired or, as the case may be, provided by the transferee.