Part 22U.K.Miscellaneous provisions

Chapter 3U.K.Transfer of relief within partnerships

958ApplicationU.K.

Section 960 (which provides for restrictions on the use of corporation tax relief) applies if—

(a)a firm carries on a trade,

(b)a company (referred to in this Chapter as “the partner company”) is a partner in the firm, and

(c)arrangements within section 959 are in place.