Sch 1 para 61
(1) Section 171 (transfers within a group: general provisions) is amended as follows. (2) In subsection (1A), in the second sentence, for the words from “and would” to the end substitute “ chargeable to corporation tax as a result of section 2B(3) or (4). ” (3) After subsection (1A) insert— (1B) If— (a) company A is deemed under section 25(3) to have previously disposed of the asset, but (b) no gain or loss accrued on that deemed disposal as a result of section 25ZA(2), that deemed disposal is to be ignored in applying subsection (1) of this section in relation to company B. (4) In subsection (2), omit paragraph (ba).