SCHEDULE 16GROUP RELIEF

PART 1INTRODUCTORY

Overview

I11

1

This Schedule makes provision about the relief available for certain transactions where the seller and the buyer are companies that are members of the same group.

2

This Schedule is arranged as follows—

a

Part 2 describes the relief available and makes provision about the interpretation of this Schedule,

b

Part 3 restricts the availability of the relief,

c

Part 4 makes provision about the withdrawal of the relief, and

d

Part 5 makes provision about recovery of unpaid tax from certain persons.