Section 683 Meaning of “the transferee” and “transferor”

(1)

In this Chapter, “the transferee” means—

(a)

in relation to a merger within section 682(2)(a), the SE,

(b)

in relation to a merger within section 682(2)(b), the SCE, and

(c)

in relation to a merger within section 682(2)(c) or (d), the company to which assets and liabilities are transferred.

(2)

In this Chapter “transferor” means—

(a)

in relation to a merger within section 682(2)(a), a company merging to form the SE,

(b)

in relation to a merger within section 682(2)(b), a co-operative society merging to form the SCE, and

(c)

in relation to a merger within section 682(2)(c) or (d), a company transferring all of its assets and liabilities.

Notes on Part 7

C1: Pt. 7 modified (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), ss. 601, 1184(1) (with Sch. 2)
C2: Pt. 7 modified (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 88(1)(2)(7) (with s. 147, Sch. 17)
C3: Pt. 7 modified by 2007 c. 3, s. 809FZZ(8) (as inserted (with effect in accordance with s. 37(4) of the amending Act) by Finance Act 2016 (c. 24), s. 37(2))
C4: Pt. 7 modified (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by 2005 c. 5, Sch. A1 para. 35(6) (as inserted by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 1)