Section 45H — Corporation Tax Act 2010: Section 45F: transfers of trade to obtain relief

Section 45F: transfers of trade to obtain relief 45H Section 45F does not apply by reason of a company ceasing to carry on a trade if—

a on the company ceasing to carry on the trade, any of the activities of the trade begin to be carried on by a person who is not (or by persons any or all of whom are not) within the charge to corporation tax, and b the company's ceasing to carry on the trade is part of a scheme or arrangement the main purpose, or one of the main purposes, of which is to secure that that section applies by reason of the cessation.