Section 79A Additional payments: change in the persons carrying on the tradeF1
(1)
This section deals with the application of section 79 in circumstances where there is a change in the persons carrying on the trade.
(2)
The employer is treated for the purposes of section 79 as permanently ceasing to carry on the trade unless a person carrying on the trade immediately before the change continues to carry it on after the change.
Annotations
Textual amendments
- F1
S. 79A inserted (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 1 para. 598 (with Sch. 2 Pts. 1, 2)