16 Tax consequences of transfers
Infrastructure Act 2015 (2015 c 7) | Legislation

16  Tax consequences of transfers

(1)     The Treasury may by regulations make provision for varying the way in which a relevant tax has effect from time to time in relation to—

(a)     any property, rights or liabilities which are transferred by virtue of a transfer to which this section applies, or

(b)     anything done for the purposes of, or in relation to, or in consequence of, a transfer to which this section applies.

(2)     This section applies to—

(a)     a transfer of property, rights and liabilities in accordance with a scheme under section 15, or

(b)     a transfer occurring under section 263 of the Highways Act 1980 (vesting of highway

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