Amendment of Schedule 20A to the Finance Act 1993
This section has no associated Explanatory Memorandum
2. In Schedule 20A to the Finance Act 1993(1), in paragraph 8, for the definition of “successor partnership” substitute—
““ successor partnership” means—
(a)
a limited partnership formed under the law of Scotland which is a successor member, or
(b)
a limited liability partnership formed under the law of any part of the United Kingdom which is a successor member.”.
(1)
Schedule 20A was inserted by paragraph 3 of Schedule 25 to the Finance Act 2004 (c. 12).