Part 2 Elections in Respect of Interest Transferred to Partnership
Finance Act 2008 (2008 c 9) | Legislation

Part 2 Elections in Respect of Interest Transferred to Partnership

Election when interest transferred to partnership

5

In paragraph 10 of Schedule 15 to FA 2003 (transfer of chargeable interest to partnership: general) insert at the end—

“(8)     This paragraph has effect subject to any election under paragraph 12A.â€

6

After paragraph 12 insert—

“Election by property-investment partnership to disapply paragraph 10
12A

(1)     Paragraph 10 does not apply to a transfer of a chargeable interest to a property-investment partnership if the purchaser in relation to the

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