# Income and Corporation Taxes Act 1988, Paragraph 8

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

In section 444AA (transfers of business: deemed periodical returns) in subsection (5) for paragraphs (a) and (b) substitute—
“(a) in respect of the amount of the relevant long-term business provisions immediately before the transfer, and
(b) in respect of the value, immediately before the transfer, of the assets transferred.”.

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Source: https://www.legislation.gov.uk/ukpga/1988/1/schedule/19ABA/paragraph/8 (the official version)
Page: https://openlegislation.uk/income-and-corporation-taxes-act-1988/schedule-19ABA/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.