783 [Certain associated] companies leaving group at the same time
Corporation Tax Act 2009 (2009 c 4) | Legislation

783  [Certain associated] companies leaving group at the same time

[(1)     Where two companies cease to be members of a group at the same time, section 780 does not apply in relation to a transfer by one of the companies to the other if condition A or B is met.

(1A)     Condition A is that the companies—

(a)     are both 75% subsidiaries and effective 51% subsidiaries of another company on the date of the transfer, and

(b)

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