SCHEDULES
SCHEDULE 9Transitionals and savings etc
Part 12Factoring of income etc
44Application of section 809CZC of ITA 2007 (income-transfer under loan or credit transaction)
In relation to a transfer before 22 April 2009, section 809CZC(4) of ITA 2007 (which is inserted by Schedule 5 to this Act) has effect as if—
a
after “the person” there were inserted “assigns,” and
b
after “it” there were inserted “(without a sale or transfer of the property)”.