Valid from 01/04/2015
Full withdrawal of reliefS
16SRelief under this schedule is withdrawn in relation to a relevant transaction if—
(a)an event occurs in the relevant period, and
(b)had the event occurred immediately before the effective date of the transaction, the transaction would not have been a relevant transaction.
17SWhere relief is withdrawn, the amount of tax chargeable is the amount that would have been chargeable in respect of the transaction but for the relief.