This section has no associated Explanatory Notes
16SRelief under Part 2 or Part 3 of this schedule is not withdrawn where control of the acquiring company changes as a result of a share transaction that—
(a)is effected as mentioned in paragraph 7(1) of schedule 1, and
(b)meets the conditions in paragraph 7(2) of that schedule (variation of testamentary dispositions etc.).
Commencement Information
I1 Sch. 11 para. 16 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2