{
  "url": "https://openlegislation.uk/finance-act-2019/schedule-1/paragraph-61",
  "json_url": "https://openlegislation.uk/finance-act-2019/schedule-1/paragraph-61.json",
  "legislation": "ukpga/2019/1",
  "legislation_title": "Finance Act 2019",
  "legislation_url": "https://openlegislation.uk/finance-act-2019",
  "path": "schedule/1/paragraph/61",
  "kind": "paragraph",
  "number": "61",
  "heading": null,
  "text": "(1) Section 171 (transfers within a group: general provisions) is amended as follows.\n(2) In subsection (1A), in the second sentence, for the words from “and would” to the end substitute “ chargeable to corporation tax as a result of section 2B(3) or (4). ”\n(3) After subsection (1A) insert—\n“(1B) If—\n(a) company A is deemed under section 25(3) to have previously disposed of the asset, but\n(b) no gain or loss accrued on that deemed disposal as a result of section 25ZA(2),\nthat deemed disposal is to be ignored in applying subsection (1) of this section in relation to company B.”\n(4) In subsection (2), omit paragraph (ba).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2019/1/schedule/1/paragraph/61",
    "retrieved_at": "2026-10-29T09:04:30.296814+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}