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)
F1

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)

Interpretation

2

In this Part of this Schedule—

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

    1. a

      section 215,

    2. b

      a scheme under paragraph 1 of Schedule 15, or

    3. c

      a scheme under paragraph 31 of Schedule 17,

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

  • “transferor”, in relation to a relevant transfer, means the person from whom the property, rights or liabilities are transferred.