4(1)Section 769 (rules for ascertaining change in ownership of company) shall be amended in accordance with sub-paragraphs (2) to (4) below.
(2)In subsections (1), (2)(d) and (5) for “sections 767A, 768 and 768A” there shall in each case be substituted “sections 767A, 768, 768A, 768B and 768C”.
(3)After subsection (3) there shall be inserted—
“(3A)Subsection (3) above shall apply for the purposes of sections 768B and 768C as if the reference to the benefit of losses were a reference to the benefit of deductions.”
(4)In subsection (4) for “section 768 or 768A” there shall be substituted “section 768, 768A, 768B or 768C”.