Part 22 Miscellaneous provisions

Chapter 1 Transfers of trade without a change of ownership

Introduction

940A Overview of Chapter
(1) This Chapter contains rules for cases where a trade is transferred between companies within the charge to tax and certain conditions as to common ownership of the trade are met.
(2) Section 940B explains when there is a transfer of a trade for the purposes of this Chapter.
Word in s. 940A(2) substituted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 3(2)(a)
(3) Sections 940C to 943 contain provision about when this Chapter applies to a transfer of a trade.
Word in s. 940A(3) substituted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 3(2)(b)
(4) Sections 944 to 950 set out the effects of this Chapter in relation to a transfer to which it applies.
(5) Sections 951 to 953 contain supplementary provision.
S. 940A: s. 938 renumbered as s. 940A (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 3(1)(a)