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SCHEDULE 26
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TRANSFERS: TAX |
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PART I |
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INTERPRETATION |
| | 1. - (1) In this Schedule-
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"the 1988 Act" means the Income and Corporation Taxes Act 1988, |
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"the 1990 Act" means the Capital Allowances Act 1990, |
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"the 1992 Act" means the Taxation of Chargeable Gains Act 1992, |
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"the Capital Allowances Acts" has the same meaning as in the Tax Acts, |
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"fixture" has the same meaning as in Chapter VI of Part II of the 1990 Act, |
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"franchise company" means any body corporate which is, or is to be, the franchisee or the franchise operator under a franchise agreement, and |
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"qualifying transfer" means a transfer which is a relevant transfer for the purposes of any of Parts II to VI of this Schedule. |
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(2) So far as it relates to corporation tax, this Schedule is to be construed as one with the Corporation Tax Acts.
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(3) So far as it relates to capital allowances, this Schedule is to be construed as one with the Capital Allowances Acts.
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