Group reliefU.K.
42U.K.The power of the Secretary of State to make a transfer scheme is not to be regarded as constituting—
(a)arrangements falling within [F1section 154(3) or 155(3) of CTA 2010] (arrangements for transfer of company to another group or consortium), or
(b)option arrangements for the purposes of [F2section 173 of CTA 2010].
Textual Amendments
F1Words in Sch. 13 para. 42(a) substituted (with effect in accordance with s. 1184(1) of the commencing Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 584(6)(a) (with Sch. 2)
F2Words in Sch. 13 para. 42(b) substituted (with effect in accordance with s. 1184(1) of the commencing Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 584(6)(b) (with Sch. 2)