# Corporation Tax Act 2009, Paragraph 473


(1) Amend Schedule 26 (transfers: tax) as follows.
(2) In paragraph 7—
(a) in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of the Corporation Tax Act 2009 ”, and
(b) in sub-paragraph (4) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “ Part 5 of the Corporation Tax Act 2009 ” and “ that Part ” respectively.
(3) For paragraph 13(1) substitute—
“(1) Sub-paragraphs (2) to (4) apply if—
(a) the transferor ceased to carry on a trade by virtue of a relevant transfer taking effect, and
(b) on the taking effect of that transfer, the transferee began to carry on the trade.
This sub-paragraph is to be read with sub-paragraph (8).”
(4) In paragraph 17—
(a) in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of the Corporation Tax Act 2009 ”, and
(b) in sub-paragraph (3) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “ Part 5 of the Corporation Tax Act 2009 ” and “ that Part ” respectively.
(5) In paragraph 29—
(a) in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” substitute “ Part 5 of the Corporation Tax Act 2009 ”, and
(b) in sub-paragraph (3) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “ Part 5 of the Corporation Tax Act 2009 ” and “ that Part ” respectively.
(6) In paragraph 35—
(a) in sub-paragraph (1) for “paragraph 11 of Schedule 9 to the Finance Act 1996” substitute “ section 444 of the Corporation Tax Act 2009 ”, and
(b) in sub-paragraph (2) for “Chapter II of Part IV of the Finance Act 1996” and “that Chapter” substitute “ Part 5 of the Corporation Tax Act 2009 ” and “ that Part ” respectively.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/schedule/1/paragraph/473 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/schedule-1/paragraph-473
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.