xmlns:atom="http://www.w3.org/2005/Atom"
4. The transfer constitutes a settlement.
In paragraph 1 reference to being “unconnected persons” is to be read in accordance with section 1122 of the Corporation Tax Act 2010(1).
In paragraph 2 reference to companies being “members of the same group of companies” is to be read in accordance with section 152 of the Corporation Tax Act 2010.
In paragraph 4 “settlement” has the meaning given by section 43 of the Inheritance Tax Act 1984(2).