CTA 2010, Part 14, Ch. 2D applies if there is a change of ownership of a company on or after 1 April 2017 and either:

(1)after the change in ownership the company acquires an asset from another company in circumstances such that:

(a)TCGA 1992, s. 171 applies to the acquisition and a chargeable gain accrues to the company on a disposal of the asset within the period of 5 years beginning with the change in ownership, or

(b)CTA 2009, s. 775 applies to the acquisition and there is a non-trading chargeable realisation gain on the realisation of the asset within that period; or

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