This section has no associated Explanatory Notes
50(1)Amend section 444A (transfers of business) as follows.U.K.
(2)In subsection (3) for the words from “in paragraphs (a) and (b)” to the end substitute “ mentioned in subsection (3YA) are satisfied in relation to the business transferred ”.
(3)After subsection (3) insert—
“(3YA)The conditions are—
(a)the ownership condition set out in section 941 of CTA 2010, and
(b)the tax condition set out in section 943 of that Act.”