Railways Act 2005 (c. 14)

SCHEDULES

SCHEDULE 10 E+W+S Taxation provisions relating to transfer schemes

Part 1 E+W+S Transfers to a national authority under section 1(2) schemes

Continuity in relation to transfer of intangible assets E+W+S

6 (1) For the purposes of Schedule 29 to the Finance Act 2002 (c. 23), a relevant transfer of a chargeable intangible asset of the transferor is to be treated as a tax-neutral transfer. E+W+S

(2) Expressions used in this paragraph and in that Schedule have the same meanings in this paragraph as in that Schedule.

Commencement Information

I1 Sch. 10 para. 6 in force at 8.6.2005 by S.I. 2005/1444, art. 2(1), Sch. 1