SCHEDULES

SCHEDULE 26 Transfers: tax

Part III Transfers from BR to SRA

Interpretation

8

In this Part of this Schedule—

  • “relevant transfer” means a transfer of property, rights or liabilities by virtue of—

    1. a

      paragraph 11 of Schedule 18, or

    2. b

      a scheme under paragraph 1 of Schedule 19,

  • “transferee”, in relation to a relevant transfer, means the Authority, and

  • “transferor”, in relation to a relevant transfer, means the Board.