5(1)Section 827 (meaning of “investment transaction”) is amended as follows.
(2)For subsections (2) and (3) substitute—
“(2)In this section “investment transaction” means any transaction of a description specified for the purposes of this section in regulations made by the Commissioners for Her Majesty’s Revenue and Customs.
(3)Provision made in regulations under subsection (2) may, in particular, have effect in relation to the tax year current on the day on which the regulations are made.”