Part 2Alcohol Duty
Chapter 3Small producer relief
Mergers and demergers
61Mergers: general provisions
1
This section and sections 62 to 67 apply where a small producer (“SP1”) becomes connected with another small producer (“SP2”
).
2
“Post-merger production group” means the production group that consists of—
a
every set of premises on which SP1 or SP2 produces alcoholic products, and
b
every set of connected premises,
and references to “post-merger production group premises” are to premises within paragraph (a) or (b).
3
In relation to the post-merger production group—
a
“Year 1” means the production year in which SP1 and SP2 become connected with one another,
b
“Year 2” means the production year immediately following Year 1,
c
“Year 3” means the production year immediately following Year 2, and
d
the “pre-merger year” means the production year immediately preceding Year 1.
4
Each of Year 1, Year 2 and Year 3 is a “merger transition year” in relation to the post-merger production group, unless any of the following apply—
a
section 65 (early termination of merger transition period),
b
section 66 (subsequent mergers), or
c
section 68(8) (demergers in a merger transition year).