http://www.legislation.gov.uk/ukpga/2011/4/schedule/4/paragraph/2Budget Responsibility and National Audit Act 2011An Act to make provision for a Charter for Budget Responsibility and for the publication of Financial Statements and Budget Reports; to establish the Office for Budget Responsibility; to make provision about the Comptroller and Auditor General and to establish a body corporate called the National Audit Office; to amend Schedules 5 and 7 to the Government of Wales Act 2006 in relation to the Auditor General for Wales; and for connected purposes.texttext/xmlenStatute Law Database2024-10-17Expert Participation2024-10-15 SCHEDULESSCHEDULE 4Transitional provision relating to Part 2<Emphasis>Tax consequences of transfers by virtue of paragraph 1(3)</Emphasis>21For the purposes of the application of Part 5 of the Corporation Tax Act 2009 (loan relationships) in relation to a transfer by virtue of paragraph 1(3), the Comptroller and Auditor General and NAO are to be treated as if, at the time of the transfer, they were members of the same group.2In sub-paragraph (1) the reference to being members of the same group is to be read in accordance with section 335(6) of that Act.Sch. 4 para. 2 in force at 1.4.2012 by S.I. 2011/2576, art. 5
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<Text>For the purposes of the application of Part 5 of the Corporation Tax Act 2009 (loan relationships) in relation to a transfer by virtue of paragraph 1(3), the Comptroller and Auditor General and NAO are to be treated as if, at the time of the transfer, they were members of the same group.</Text>
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in force at 1.4.2012 by
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