http://www.legislation.gov.uk/ukpga/2001/9/section/77/enactedFinance Act 2001Corporation taxCapital gains taxExcise dutiesVehicle licencesKing's Printer of Acts of Parliament2021-08-03
Finance Act 2001Sch. 5 para. 14ATribunals, Courts and Enforcement Act 2007Sch. 13 para. 140s. 89s. 148(5)art. 2(1)(b)Finance Act 2001Sch. 5 para. 14AFinance Act 2008Sch. 43 para. 8s. 129(4)art. 2Finance Act 2001Sch. 7 para. 14(1)(ga)Planning (Consequential Provisions) (Wales) Act 2026Deddf Cynllunio (Darpariaethau Canlyniadol) (Cymru) 2026Sch. 2 para. 330(b)Sch. 5 Pt. 1s. 5(2)
Part 3Income tax, corporation tax and capital gains taxChapter 2Other provisionsChargeable gainsNotional transfers within a group
77
1
Section 171A of the Taxation of Chargeable Gains Act 1992 (notional transfers within a group) shall be deemed to have been enacted with the following amendments.
2
In subsection (2) (corporation tax consequences of election for asset disposed of by member A of a group to be treated as if, immediately before the disposal, it had been transferred to member B of the group) omit the word “and” immediately preceding paragraph (c) and at the end of that paragraph add—
; and
d
any incidental costs to A of making the actual disposal to C shall be deemed to be incidental costs to B of making the deemed disposal to C.
.
3
In subsection (4) (election to be made before second anniversary of end of accounting period of A in which disposal made) for “before” substitute “on or before”.