Part 22 Miscellaneous provisions

Chapter 1 Transfers of trade without a change of ownership

Introduction

938 Overview of Chapter
(1) This Chapter contains rules for cases where a trade is transferred between companies within the charge to tax and certain conditions as to common ownership of the trade are met.
(2) Section 939 explains when there is a transfer of a trade for the purposes of this Chapter.
(3) Sections 940 to 943 contain provision about when this Chapter applies to a transfer of a trade.
(4) Sections 944 to 950 set out the effects of this Chapter in relation to a transfer to which it applies.
(5) Sections 951 to 953 contain supplementary provision.