# Finance Act 1994, Paragraph 10


Schedule 2 to the Gains Act (assets held on 6th April 1965) shall have effect in relation to any assets which vest in the transferee by virtue of a relevant transfer as if—
(a) the predecessor and the transferee were the same person; and
(b) those assets, to the extent that they were in fact acquired or provided by the predecessor, were acquired or, as the case may be, provided by the transferee.

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Source: https://www.legislation.gov.uk/ukpga/1994/9/schedule/24/paragraph/10 (the official version)
Page: https://openlegislation.uk/finance-act-1994/schedule-24/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.