In Part 5 of TCGA 1992 (transfer of business assets), in Chapter 1 (general provisions), after section 162A insert—
In Part 8 of CTA 2009 (intangible fixed assets), Chapter 13 (transactions between related parties) is amended as follows.
In section 844 (overview of Chapter), in subsection (2) for "849" substitute ." 849A "
In section 845 (transfer between company and related party treated as at market value), in subsection (4) (exceptions to basic rule)—
omit the "and" at the end of paragraph (ca), and
after paragraph (d) insert, and esection 849A (disincorporation relief: transfer values for post-FA 2002 goodwill).
After section 849 insert—
The amendments made by this section have effect in relation to a transfer of a business with a business transfer date of 1 April 2013 or a later date.