79(1)Section 536 (other disqualifying events) has effect in relation to any alteration made to the share capital of a company before 11th May 2001 with the following modification.
(2)In subsection (1), for paragraphs (b) and (c) substitute—
“(b)any alteration to the share capital of the relevant company to which section 537 applies and is made without the prior approval of the Inland Revenue;”.