Share reorganisations: consideration paid: TCGA92 S128 (2)
TCGA92/S128 (2)Consideration will normally be given in the form of cash. TCGA92/S128 (2) provides consideration does not include
- any surrender, cancellation or other alteration of the original shares or of the rights attaching to them, or
- any consideration consisting of the application of the assets of the company or of a dividend or distribution declared but not made.