SCHEDULES

SCHEDULE 6Transfer schemes

Continuity

9I1

A transfer by virtue of a scheme does not affect the validity of anything done by or in relation to the transferor before the transfer takes effect.

Annotations:
Commencement Information
I1

Sch. 6 para. 9 in force at 8.9.2008 as it applies in relation to, or makes provision about the tax implications of, schemes under ss. 51 and 65 by S.I. 2008/2358, arts. 2(1), 3(1)

10I2

Anything which—

a

is done by the transferor for the purposes of, or otherwise in connection with, anything transferred by virtue of a scheme, and

b

is in effect immediately before the transfer date,

is to be treated as done by the transferee.

Annotations:
Commencement Information
I2

Sch. 6 para. 10 in force at 8.9.2008 as it applies in relation to, or makes provision about the tax implications of, schemes under ss. 51 and 65 by S.I. 2008/2358, arts. 2(1), 3(1)

11I3

There may be continued by or in relation to the transferee anything (including legal proceedings)—

a

which relates to anything transferred by virtue of a scheme, and

b

which is in the process of being done by or in relation to the transferor immediately before the transfer date.

Annotations:
Commencement Information
I3

Sch. 6 para. 11 in force at 8.9.2008 as it applies in relation to, or makes provision about the tax implications of, schemes under ss. 51 and 65 by S.I. 2008/2358, arts. 2(1), 3(1)

12I4

1

This paragraph applies to any document—

a

which relates to anything transferred by virtue of a scheme, and

b

which is in effect immediately before the transfer date.

2

Any references in the document to the transferor are to be read as references to the transferee.