Part 12

Supplementary provisions
Chapter 5

Miscellaneous

Sales treated as being for alternative amount

Sales treated as being for alternative amount: introductory
567
1
Sections 568 to 570 apply for the purposes of Parts 3, 4, 5, 6 and 10.
2
For the purposes of sections 568 to 570, the control test is met if—
a
the buyer is a body of persons over whom the seller has control,
b
the seller is a body of persons over whom the buyer has control,
c
both the seller and the buyer are bodies of persons and another person has control over both of them, or
d
the seller and the buyer are connected persons.
3
In subsection (2) “body of persons” includes a partnership.
4
For the purposes of sections 568 to 570, the tax advantage test is met if it appears that the sole or main benefit which might be expected to accrue from—
a
the sale, or
b
transactions of which the sale is one,
is the obtaining of a tax advantage by all or any of the parties under any provision of this Act except Part 2.
5
Sections 568 to 570 do not apply if section 561 applies (transfer of a UK trade to a company in another member State).