SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Transport Act 2000 (c. 38)
473
1
Amend Schedule 26 (transfers: tax) as follows.
2
In paragraph 7—
a
in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” substitute “
Part 5 of the Corporation Tax Act 2009
”
, and
b
in sub-paragraph (4) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “
Part 5 of the Corporation Tax Act 2009
”
and “
that Part
”
respectively.
3
For paragraph 13(1) substitute—
1
Sub-paragraphs (2) to (4) apply if—
a
the transferor ceased to carry on a trade by virtue of a relevant transfer taking effect, and
b
on the taking effect of that transfer, the transferee began to carry on the trade.
This sub-paragraph is to be read with sub-paragraph (8).
4
In paragraph 17—
a
in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” substitute “
Part 5 of the Corporation Tax Act 2009
”
, and
b
in sub-paragraph (3) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “
Part 5 of the Corporation Tax Act 2009
”
and “
that Part
”
respectively.
5
In paragraph 29—
a
in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” substitute “
Part 5 of the Corporation Tax Act 2009
”
, and
b
in sub-paragraph (3) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “
Part 5 of the Corporation Tax Act 2009
”
and “
that Part
”
respectively.
6
In paragraph 35—
a
in sub-paragraph (1) for “paragraph 11 of Schedule 9 to the Finance Act 1996” substitute “
section 444 of the Corporation Tax Act 2009
”
, and
b
in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “
Part 5 of the Corporation Tax Act 2009
”
and “
that Part
”
respectively.