116 Transfer of property: supplementary

116  Transfer of property: supplementary

(1)     This section applies in relation to subordinate legislation under section 60, 62, 90 or 109 or paragraph 2 of Schedule 2.

(2)     Any such subordinate legislation may, in particular—

(a)     provide for the creation of rights or interests, or the imposition of liabilities or conditions, in relation to property transferred, or rights or interests acquired, by virtue of such legislation,

(b)     provide for any property, liabilities or conditions to be determined under such legislation,

(c)     make provision (other than provision imposing a charge to tax) as to the tax treatment of anything done by virtue of such legislation.

(3)     No order shall be made by a Minister of the Crown by virtue of subsection (2)(c), and no recommendation shall be made to Her Majesty in Council to make an Order

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