47(1)Section 140E (merger leaving assets within UK tax charge) is amended as follows.E+W+S
(2)In subsection (1)(b) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F1or a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
(3)In subsection (9)(a) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F2, a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
Textual Amendments
F1Words in Sch. 4 para. 47(2) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 3(a), 15
F2Words in Sch. 4 para. 47(3) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 3(b), 15