Section 940A | Overview of Chapter

(1)This Chapter contains rules for cases where a trade is transferred between companies within the charge to tax and certain conditions as to common ownership of the trade are met.

(2)Section 940B explains when there is a transfer of a trade for the purposes of this Chapter.

(3)Sections 940C to 943 contain provision about when this Chapter applies to a transfer of a trade.

(4)Sections 943A to 950 set out the effects of this Chapter in relation to a transfer to which it applies.

(5)Sections 951 to 953 contain supplementary provision.