Paragraph 10 I1

This paragraph applies to arrangements in so far as they are for the purpose of facilitating a transfer of the whole or part of the business of a company to another company in relation to which—

(a)

section 96 of the Finance Act 1997 (c.16) (stamp duty relief: demutualisation of insurance companies) is intended to apply, and

(b)

the conditions for relief under that section are intended to be met.

Annotations

Commencement

I1: Sch. 10 para. 10 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2