SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 2Other enactments
Taxation of Chargeable Gains Act 1992 (c. 12)
306
1
Amend section 105A (shares acquired on the same day: elections for alternative treatment) as follows.
2
In subsection (4)—
a
after “Chapter 3 of Part 7 of the Taxes Act” insert “
, relief under Part 5 of ITA 2007
”
,
b
after “section 299 of the Taxes Act” insert “
or section 246 of ITA 2007
”
,
c
for “of that Act” substitute “
of the Taxes Act or subsection (3) of section 246 of ITA 2007
”
, and
d
for “that section” substitute “
section 299 of the Taxes Act or subsection (4) of section 246 of ITA 2007
”
.
3
In subsection (7)—
a
after “Chapter 3 of Part 7 of the Taxes Act” insert “
or relief under Part 5 of ITA 2007
”
,
b
for “that Act” substitute “
the Taxes Act or section 245 of ITA 2007
”
, and
c
after “that Chapter” insert “
or relief under that Part
”
.
4
After subsection (8) insert—
9
In this section references to Part 5 of ITA 2007 or any provision of that Part are to a Part or provision that applies only in relation to shares issued after 5 April 2007.