Paragraph 16 I1

Relief under Part 2 or Part 3 of this schedule is not withdrawn where control of the acquiring company changes as a result of a share transaction that—

(a)

is effected as mentioned in paragraph 7(1) of schedule 1, and

(b)

meets the conditions in paragraph 7(2) of that schedule (variation of testamentary dispositions etc.).

Annotations

Commencement

I1: Sch. 11 para. 16 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2