SCHEDULES

SCHEDULE 13Transfer schemes: tax provisions

Part 7Other provisions concerning transfers

Group relief

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The power of the Secretary of State to make a transfer scheme is not to be regarded as constituting—

a

arrangements falling within F1section 154(3) or 155(3) of CTA 2010 (arrangements for transfer of company to another group or consortium), or

b

option arrangements for the purposes of F2section 173 of CTA 2010.