# Coal Industry Act 1994, Paragraph 4


Section 30 of the 1992 Act (tax-free benefits) shall not apply in any case where—
(a) a reduction in the value of any asset, or
(b) the conferring of any tax-free benefit,
results from any provision made by or under so much of any restructuring scheme as relates to a relevant transfer.

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Source: https://www.legislation.gov.uk/ukpga/1994/21/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/coal-industry-act-1994/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.