Finance Act 2011 (c. 11)

SCHEDULES

SCHEDULE 10 U.K. Company ceasing to be member of group

Degrouping U.K.

1 U.K. In section 139 of TCGA 1992 (reconstruction involving transfer of business), after subsection (1A) insert—

“(1B) Nothing in section 179(3D) prevents the two companies being treated as mentioned in subsection (1).”