http://www.legislation.gov.uk/ukpga/1999/29/schedule/33/part/II/crossheading/chargeable-gains-the-share-transfer-to-the-private-sector-company/2014-02-24
Greater London Authority Act 1999
An Act to establish and make provision about the Greater London Authority, the Mayor of London and the London Assembly; to make provision in relation to London borough councils and the Common Council of the City of London with respect to matters consequential on the establishment of the Greater London Authority; to make provision with respect to the functions of other local authorities and statutory bodies exercising functions in Greater London; to make provision about transport and road traffic in and around Greater London; to make provision about policing in Greater London and to make an adjustment of the metropolitan police district; and for connected purposes.
1999-11-23
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Statute Law Database
2024-06-28
Expert Participation
2014-02-24
Greater London Authority Act 1999
s. 334(2A)-(2E)
Levelling-up and Regeneration Act 2023
s. 95(2)
s. 247
s. 255(3)(b)
Greater London Authority Act 1999
s. 334(9)-(11)
Levelling-up and Regeneration Act 2023
s. 95(3)
s. 247
s. 255(3)(b)
Greater London Authority Act 1999
s. 337(1A)
Levelling-up and Regeneration Act 2023
s. 96(1)(c)
s. 96(4)
247
s. 255(3)(b)
Greater London Authority Act 1999
s. 337(2)(ca)
Levelling-up and Regeneration Act 2023
Sch. 6
para. 15
s. 247
s. 255(3)(b)
Greater London Authority Act 1999
Sch. 23
para. 1(3A)
Levelling-up and Regeneration Act 2023
s. 244(2)
s. 247
s. 255(9)(a)
Greater London Authority Act 1999
Sch. 23 para. 3A3B and cross-heading
Levelling-up and Regeneration Act 2023
s. 244(3)
s. 247
s. 255(9)(a)
Greater London Authority Act 1999
Sch. 23
para. 4(2A)
(2B)
Levelling-up and Regeneration Act 2023
s. 244(4)
s. 247
s. 255(9)(a)
Greater London Authority Act 1999
Sch. 23 para. 4A and cross-heading
Levelling-up and Regeneration Act 2023
s. 244(6)
s. 247
s. 255(9)(a)
SCHEDULES
SCHEDULE 33 Taxation provisions
Part II Public-Private Partnership Agreements
Chargeable gains: the share transfer to the private sector company
8
For the purposes of the M1Taxation of Chargeable Gains Act 1992, where pursuant to a PPP agreement there is a transfer of shares of a PPP company—
a
from London Regional Transport or any of its subsidiaries,
b
to a private sector company,
the transfer shall be deemed, in relation to the private sector company as well as the transferor, to be for a consideration such that neither a gain nor a loss accrues to the transferor.