# Finance Act 2016, Paragraph 19


In Schedule 12 to FA 1988 (transfer of building society's business to a company), in paragraph 6(1) (treatment for tax purposes of benefits conferred in connection with a transfer) omit—
(a) “either”, and
(b) paragraph (b) (benefit not to be subject to deduction of tax under Chapter 2 of Part 15 of ITA 2007), and the “or” preceding it.

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Source: https://www.legislation.gov.uk/ukpga/2016/24/schedule/6/paragraph/19 (the official version)
Page: https://openlegislation.uk/finance-act-2016/schedule-6/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.