Finance Act, 1979

Amendment of section 72 (reconstructions or amalgamations of capital companies) of Finance Act, 1973.

52.Section 72 of the Finance Act, 1973 , is hereby amended by the insertion after subsection (5) of the following subsection:

“(6) For the purposes of this section, a company, partnership, firm, association or legal person that is considered to be a capital company in another Member State shall be deemed to be a transferor company notwithstanding that it is not considered to be a capital company.”.