# Railways Act 2005, Paragraph 32

Extent: E+W+S

Neither the power of the Secretary of State to make a scheme under section 1(2) nor the power of the Secretary of State, the Welsh Ministers or the Scottish Ministers to make a scheme under section 12 is to be regarded as constituting—
(a) arrangements falling within section 154(3) or 155(3) of the Corporation Tax Act 2010 (arrangements for transfer of company to another group or consortium); or
(b) option arrangements for the purposes of section 173 of that Act.

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Source: https://www.legislation.gov.uk/ukpga/2005/14/schedule/10/paragraph/32 (the official version)
Page: https://openlegislation.uk/railways-act-2005/schedule-10/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.