SCHEDULES

SCHEDULE 25Transfers of income streams

Part 1Company transferors

Exception: amount otherwise taxed

3

This Part does not apply if and to the extent that the income under paragraph 2(1) is (apart from this Part)—

(a)

charged to tax as income of the transferor,

(b)

brought into account as income in calculating the profits of the transferor, or

(c)

brought into account under CAA 2001.