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Finance Act 1950

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1(1)In subsection (1), immediately before paragraph (a), there shall be inserted the words " and the disposition or determination (or any of them if there are more than one) is not excepted by subsection (2) of this section, then ".

(2)In paragraph (a) and in paragraph (b) of subsection (1) for the words " apart from the disposition or determination " there shall be substituted the words " had there been no disposition or determination as aforesaid of that interest and no disposition of any interest expectant upon or subject to that interest ".

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