Section 26AA(4)

Subsection (1) does not apply where the insolvency procedure referred to in subsection (1)(b) has effect as part of, or as a consequence of, arrangements where the main purpose, or one of the main purposes, of those arrangements is to obtain a tax advantage by the operation of this section.

← 3 · All articles · 5 →

Source: legislation.gov.uk · retrieved 2026-07-28