SCHEDULES
SCHEDULE 26 Transfers: tax
Part II Transfers to SRA from Franchising Director, Secretary of State and F1the Office of Rail and Road
Annotations:
Amendments (Textual)
Chargeable gains: no gain no loss
3
For the purposes of the 1992 Act a disposal by virtue of provision made under paragraph 34(a) of Schedule 17 is to be taken to be for a consideration such that no gain or loss accrues to the person making the disposal.
Words in Sch. 26 Pt. 2 heading substituted (E.W.S) (16.10.2015) by The Office of Rail Regulation (Change of Name) Regulations 2015 (S.I. 2015/1682), reg. 1(2), Sch. para. 4(p)(vi)