SCHEDULES

SCHEDULE 10 E+W+STaxation provisions relating to transfer schemes

Part 5 E+W+SInterpretation of Schedule

34 (1) In this Schedule— E+W+S

• “the 1992 Act” means the Taxation of Chargeable Gains Act 1992 (c. 12);

• “the 2001 Act” means the Capital Allowances Act 2001 (c. 2);

• “national authority” means—

  (a)

  the Secretary of State;

  (b)

  the Scottish Ministers;

  (c)

  [F1 the Welsh Ministers]; or

  (d)

  the [F2 Office of Rail and Road];

• “the Taxes Act” means the Income and Corporation Taxes Act 1988 (c. 1);

• “transferee”, in relation to a transfer in accordance with a scheme made under section 1(2) or 12, means the person to whom the transfer is made;

• “transferor”, in relation to a transfer in accordance with a scheme made under section 1(2) or 12, means the person from whom the transfer is made.

(2) So far as it relates to corporation tax this Schedule is to be construed as one with the Corporation Tax Acts.

(3) So far as it relates to capital allowances this Schedule is to be construed as one with the 2001 Act.

Textual Amendments

F1 Words in Sch. 10 para. 34(1) substituted (13.6.2018) by The Welsh Ministers (Transfer of Functions) (Railways) Order 2018 (S.I. 2018/631), art. 1(2)(b)(xvii), Sch. para. 68(3)

F2 Words in Sch. 10 para. 34(1) substituted (16.10.2015) by The Office of Rail Regulation (Change of Name) Regulations 2015 (S.I. 2015/1682), reg. 1(2), Sch. para. 3(v)

Commencement Information

I1 Sch. 10 para. 34 in force at 8.6.2005 for specified purposes by S.I. 2005/1444, art. 2(1), Sch. 1

I2 Sch. 10 para. 34 in force at 24.7.2005 in so far as not already in force by S.I. 2005/1909, art. 2, Sch.