45(1)Section 201 of TCGA 1992 (mineral leases: royalties) is repealed.
(2)In consequence of the provision made by sub-paragraph (1), in section 203 of TCGA 1992—
(a)in subsection (1), for “sections 201 and 202” substitute “section 202”, and
(b)in the heading, for “sections 201 and 202” substitute “section 202”.
(3)The amendments made by this paragraph have effect—
(a)for the purposes of capital gains tax, in relation to mineral royalties which a person is entitled to receive on or after 6 April 2013, and
(b)for the purposes of corporation tax in respect of chargeable gains, in relation to mineral royalties which a company is entitled to receive on or after 1 April 2013.