SCHEDULES

SCHEDULE 1Rates of capital gains tax

Amendments of FA 2008

11

In paragraph 8 of that Schedule (transitionals: EIS and VCT)—

a

in sub-paragraph (7), for “section 169N(1) to (3)” substitute “ section 169N(1) and (2) ”;

b

after sub-paragraph (9) insert—

9A

Section 169N(3) to (4B) is to apply to the amount treated as accruing in accordance with sub-paragraphs (7) to (9).