SCHEDULES

SCHEDULE 26 Transfers: tax

Part VII Other provisions concerning transfers

Group relief

38

The existence of the powers of the Secretary of State or the Authority under this Part of this Act is not to be regarded (and nothing else in that Part is to be regarded) as—

a

constituting arrangements falling within F1section 154(3) or 155(3) of the Corporation Tax Act 2010 (arrangements for transfer of company to another group or consortium), or

b

constituting option arrangements for the purposes of F2section 173 of that Act.