1.  This Order may be cited as the Capital Gains Tax (Annual Exempt Amount) Order 1987.

2.  The amount specified, which by virtue of section 5 of the Capital Gains Tax Act 1979 is, unless Parliament otherwise determines, the exempt amount for the year 1987—88, is £6,600.

Tim Sainsbury

Michael Neubert

Two of the Lords Commissioners of Her Majesty’s Treasury

17th March 1987