Paragraph 38 I1
Paragraph 33 does not apply where—
(a)
there is a change in the control of the buyer because a loan creditor (within the meaning given by section 453 of the Corporation Tax Act 2010 (c.4)) obtains control of, or ceases to control, the buyer, and
(b)
the other persons who controlled the buyer before the change continue to do so.
Annotations
Commencement
- I1
Sch. 10 para. 38 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2