Corporation Tax Act 2009

683Meaning of “the transferee” and “transferor”U.K.
This section has no associated Explanatory Notes

(1)In this Chapter, “the transferee” means—

(a)in relation to a merger within section 682(2)(a), the SE,

(b)in relation to a merger within section 682(2)(b), the SCE, and

(c)in relation to a merger within section 682(2)(c) or (d), the company to which assets and liabilities are transferred.

(2)In this Chapter “transferor” means—

(a)in relation to a merger within section 682(2)(a), a company merging to form the SE,

(b)in relation to a merger within section 682(2)(b), a co-operative society merging to form the SCE, and

(c)in relation to a merger within section 682(2)(c) or (d), a company transferring all of its assets and liabilities.