SCHEDULES

SCHEDULE 26 Transfers: tax

Part III Transfers from BR to SRA

Interpretation

8

In this Part of this Schedule—

relevant transfer” means a transfer of property, rights or liabilities by virtue of—

(a)

paragraph 11 of Schedule 18, or

(b)

a scheme under paragraph 1 of Schedule 19,

transferee”, in relation to a relevant transfer, means the Authority, and

transferor”, in relation to a relevant transfer, means the Board.