Paragraph 502

In section 232(4)(a) (acquisition of a trade or trading assets)—

(a)

at the beginning insert “ for the purpose of determining ”, and

(b)

for the words from “that trade” to the end substitute

“that trade—
(i)
apply section 941(6) of CTA 2010, and
(ii)
an interest in a trade belonging to a company may be treated in accordance with any of the options set out in section 942 of that Act, and”.