SCHEDULES
SCHEDULE 1Chargeable gains accruing to non-residents etc
PART 2Consequential amendments
TCGA 1992
49
1
Section 139 (reconstruction involving transfer of business) is amended as follows.
2
In subsection (1A)—
a
in paragraphs (a) and (b), omit “or NRCGT assets”, and
b
in the sentence after paragraph (b), for the words from “and would by virtue of” to “purposes” substitute “
chargeable to corporation tax as a result of section 2B(3) or (4)
”
.
3
Omit subsection (1AA).