General savings for the taxation of chargeable gainsE+W+S+N.I.
7The amendments of the 1992 Act contained in Schedule 14 to this Act and the related repeals made by this Act—E+W+S+N.I.
(a)so far as they relate to section 253 of the 1992 Act, do not apply to any loan the outstanding amount of principal on which became irrecoverable before 1st April 1996;
(b)so far as they relate to section 254 of the 1992 Act, do not apply to any security whose value became negligible before 1st April 1996;
(c)so far as they relate to anything else, do not apply in relation to any disposal made, or deemed to be made, before 1st April 1996.