Division of non-UK business
This section has no associated Explanatory Memorandum
5. In section 140D (section 140C: anti-avoidance)—
(a)for “company A” substitute “the transferor”, and
(b)for “trade” substitute “business”.
5. In section 140D (section 140C: anti-avoidance)—
(a)for “company A” substitute “the transferor”, and
(b)for “trade” substitute “business”.