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61(1)Section 171 (transfers within a group: general provisions) is amended as follows.
(2)In subsection (1A), in the second sentence, for the words from “and would” to the end substitute “chargeable to corporation tax as a result of section 2B(3) or (4).”
(3)After subsection (1A) insert—
“(1B)If—
(a)company A is deemed under section 25(3) to have previously disposed of the asset, but
(b)no gain or loss accrued on that deemed disposal as a result of section 25ZA(2),
that deemed disposal is to be ignored in applying subsection (1) of this section in relation to company B.”
(4)In subsection (2), omit paragraph (ba).
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