Schedules
SCHEDULE 2Transitionals and savings etc
Part 16Factoring of income etc
Application of section 779 (income-transfer under loan or credit transaction)
89
In relation to a transfer before 22 April 2009, section 779(4) has effect as if—
a
after “if it” there were inserted “
assigns,
”
and
b
after “forgoes it” there were inserted “
(without a sale or transfer of the property)
”
.