251 Transfer of rights if transferee does not carry on trade
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

251  Transfer of rights if transferee does not carry on trade

(1)     This section applies if—

(a)     a person (“the transferor”) permanently ceases to carry on a trade,

(b)     the transferor transfers to another person (“the transferee”) for value the right

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