5U.K.In paragraph 4 of Schedule 7 (cases in which group relief is not withdrawn)—
(a)in sub-paragraph (3), for paragraph (b) substitute—
“(b)another company that—
(i)is above the vendor in the group structure, and
(ii)as a result of the transaction ceases to be a member of the same group as the purchaser.”, and
(b)in sub-paragraph (5), for “this purpose” substitute “ the purposes of sub-paragraphs (3) and (4) ”.