162 Roll-over relief on transfer of business
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

Transfer of business to a company

162  Roll-over relief on transfer of business

(1)     This section shall apply for the purposes of this Act where a person who is not a company transfers to a company a business as a going concern, together with the whole assets of the business, or together with the whole of those assets other than cash, and the business is so transferred wholly or partly in exchange for shares issued by the company to the person transferring the business.

Any shares so received by the transferor

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