11(1)This paragraph applies to a relevant transfer of all the issued share capital of a company (the “transferred company”).E+W+S
(2)For the purposes of [F1the provisions of the Corporation Tax Act 2010 specified in sub-paragraph (3)], the transfer is not to be taken to result in a change in the ownership of—
(a)the transferred company; or
(b)a company which is a wholly-owned subsidiary of the transferred company when the transfer takes effect.
[F2(3)Those provisions are—
(a)Chapter 2 of Part 14 (but not section 674(1)),
(b)section 683,
(c)section 684,
(d)section 700,
(e)section 701,
(f)section 704, and
(g)section 705.]
Textual Amendments
F1Words in Sch. 10 para. 11(2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 478(2)(a) (with Sch. 2)
F2Sch. 10 para. 11(3) inserted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 478(2)(b) (with Sch. 2)
Commencement Information
I1Sch. 10 para. 11 in force at 8.6.2005 by S.I. 2005/1444, art. 2(1), Sch. 1