# Corporation Tax Act 2009, Section 830: Exclusion from section 829 of group transfers


(1) For the purposes of section 829(1), any disposal within section 171 of TCGA 1992 (transfers within a group) is ignored.
(2) For the purposes of section 829(3), any transfer by one member of a group to another is ignored.
(3) This subsection applies if—
(a) a person (“A”) acquires securities on a transfer that is ignored under subsection (1), and
(b) any previous transfer that has occurred was ignored under subsection (1) or (2).
(4) If subsection (3) applies, a subsequent realisation of the securities by A is treated as a realisation by the transferor.
(5) This subsection applies if—
(a) a person (“B”) acquires an asset on a transfer that is ignored under subsection (2), and
(b) no previous transfer has occurred that was not ignored under subsection (1) or (2).
(6) If subsection (5) applies, a subsequent realisation of the asset by B is treated as a realisation by the transferee.

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/830 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-830
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.