Amount of tax chargeable where relief partially withdrawnS
31SWhere relief is partially withdrawn, the tax chargeable is an appropriate proportion of the amount determined in accordance with paragraph 30.
Commencement Information
I1 Sch. 11 para. 31 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2
32SAn “appropriate proportion” means an appropriate proportion having regard to—
(a)the subject-matter of the relevant transaction, and
(b)what is held at the relevant time by the acquiring company or, as the case may be, by that company and any relevant associated companies.
Commencement Information
I2 Sch. 11 para. 32 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2