SCHEDULE 11Reconstruction relief and acquisition relief

PART 4Withdrawal of relief

Case where relief not withdrawn: exempt intra-group transfer

I117

Relief under Part 2 or Part 3 of this schedule is not withdrawn where control of the acquiring company changes as a result of an exempt intra-group transfer.

I218

But see paragraphs 22 to 24 for the effect of a subsequent non-exempt transfer.