Corporation Tax Act 2009

This section has no associated Explanatory Notes

598U.K.After section 79 insert—

79AAdditional payments: change in the persons carrying on the trade

(1)This section deals with the application of section 79 in circumstances where there is a change in the persons carrying on the trade.

(2)The employer is treated for the purposes of section 79 as permanently ceasing to carry on the trade unless a person carrying on the trade immediately before the change continues to carry it on after the change.