SCHEDULES
SCHEDULE 24Transfers and transfer schemes: tax provisions
PART 2Certain transfers under scheme under section 190 or 191
Interpretation of Part 2 of Schedule
I1I22
In this Part of this Schedule—
“CTA 2009” means the Corporation Tax Act 2009,
“public body” means—
- a
a person which is a public body for the purposes of section 66 of the Finance Act 2003 (stamp duty land tax: transfers involving public bodies), or
- b
a person prescribed for the purposes of this Part of this Schedule by order made by the Treasury,
- a
“relevant transfer” means—
- a
a transfer, in accordance with a transfer scheme under section 190, to a taxable public body of property, rights or liabilities of the Homes and Communities Agency, or
- b
a transfer, in accordance with a transfer scheme under section 191, to a taxable public body,
- a
“taxable public body” means a public body which is within the charge to corporation tax,
“transferee”, in relation to a transfer in accordance with a transfer scheme under section 190 or 191, means the person to whom the transfer is made, and
“transferor”—
- a
means the Homes and Communities Agency in relation to a transfer, in accordance with a transfer scheme under section 190, of property, rights or liabilities of that Agency, and
- b
means the London Development Agency in relation to a transfer in accordance with a transfer scheme under section 191.
- a