Change of ownership of companies
36(1)Sub-paragraph (2) applies where it appears to the Commissioners that—
(a)there has been a change in the ownership of a company, and
(b)in connection with that change a person (“the seller”) may be or become liable to be assessed and charged to corporation tax under section 767A or 767AA of ICTA.
(2)Paragraph 21 (restrictions on giving taxpayer notice where taxpayer has made tax return) does not apply in relation to a taxpayer notice given to the seller.
(3)Section 769 of ICTA applies for the purposes of determining when there has been a change in the ownership of a company.