Part 23Company distributions
Chapter 5Demergers
Exempt distributions
1079“The distributing company”
References in this Chapter to the distributing company are—
(a)
in the case of a distribution falling within paragraph (a) of section 1076, to the company that makes the transfer of shares mentioned in that paragraph,
(b)
in the case of a distribution falling within section 1077(1), to the company that makes the transfer mentioned in section 1077(1)(a), and
(c)
in the case of a distribution falling within section 1078(1), to the company that makes the transfer of part of a business mentioned in section 1078(1)(a).