65(1)Schedule 3 (assets held on 31 March 1982) is amended as follows.
(2)In paragraph 1—
(a)in sub-paragraph (1)—
(i)for “Where—” substitute “For the purposes of corporation tax, where—”, and
(ii)for “he” (in each place) substitute “the person”, and
(b)in sub-paragraph (2), for “enactments specified in section 35(3)(d)” substitute “no gain/no loss provisions”.
(3)In paragraph 2(1) and (3), omit “58 or”.