SCHEDULES

SCHEDULE 17Partnerships

PART 4Disposals of assets through partnerships

27Corporation tax

1

In Chapter 1 (transfers of income streams) section 756 (partnership shares) is amended as follows.

2

In subsection (1) omit “if condition A or B is met”.

3

Omit subsections (2) and (3).

4

The amendments made by this paragraph have effect for cases where the transfer of a right to relevant receipts occurs on or after 1 April 2014.