[F113(1)In this Schedule any reference to an asset includes money expressed in sterling.U.K.
References to the value or market value of such an asset are to its amount.
(2)Subject to sub-paragraph (3), references in this Schedule to the transfer of an asset include anything that is or is treated as a disposal of the asset for the purposes of this Act, or would be if sub-paragraph (1) above applied generally for the purposes of this Act.
(3)References in this Schedule to a transfer of an asset do not include a transfer of an asset that is created by the part disposal of another asset.]
Textual Amendments
F1Sch. 4B inserted (with effect in accordance with s. 92(5) of the amending Act) by Finance Act 2000 (c. 17), s. 92(2), Sch. 25