59 Qualifying business transfer
Finance Act 2013 (2013 c 29) | Legislation

59  Qualifying business transfer

(1)     The transfer of a business from a company to some or all of the shareholders of the company is a qualifying business transfer for the purposes of section 58 if conditions A to E are met.

(2)     Condition A is that the business is transferred as a going concern.

(3)     Condition B is that the business is transferred

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