# Finance Act 2025, Paragraph 5: Consideration requirement

Extent: E+W+S+N.I.

(1) In section 236H(4), after paragraph (c) insert—
“(ca) that the trustees have taken all reasonable steps to secure that—
(i) the consideration for the disposal does not exceed the market value of the ordinary share capital at the time of the disposal, and
(ii) where some or all of the consideration for the disposal is deferred, that the rate of any interest payable in relation to the deferral does not exceed a reasonable commercial rate,”.
(2) In section 236Q, in subsection (1)(c), for “(d)” substitute “(c) and (d)”.
(3) The amendments made by this paragraph have effect in relation to disposals made on or after 30 October 2024.

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Source: https://www.legislation.gov.uk/ukpga/2025/8/schedule/6/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-act-2025/schedule-6/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.