SCHEDULES
SCHEDULE 7 Transfer schemes relating to BBC transmission network: taxation provisions
Chargeable gains: assets held before 6th April 1965
5
Schedule 2 to the Gains Act (assets held on 6th April 1965) shall have effect in relation to any assets which are transferred to a successor company in accordance with a preparatory scheme as if—
a
the BBC and the successor company were the same person; and
b
those assets, to the extent that they were in fact acquired or provided by the BBC, were acquired or, as the case may be, provided by the successor company.