SCHEDULES

SCHEDULE 13Transfer schemes: tax provisions

Part 6Transfers etc involving private persons

Capital allowances: section 265 of CAA 2001 not to apply in relation to transferee

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(1)

This paragraph applies in relation to a relevant transfer.

(2)

For the purposes of the application of Part 2 of CAA 2001 in relation to the transferee, section 265 of that Act (successions: general) is to be disregarded.