FULL WITHDRAWAL OF RELIEF

Related Commentary  

16  Relief under this schedule is withdrawn in relation to a relevant transaction if–

(a)an event occurs in the relevant period, and

(b)had the event occurred immediately before the effective date of the transaction, the transaction would not have been a relevant transaction.

Related Commentary  

17  Where relief is withdrawn, the amount of tax chargeable is the amount that would have been chargeable in respect of the transaction but for the relief.

PARTIAL WITHDRAWAL OF RELIEF

Related Commentary  

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