SCHEDULES
SCHEDULE 38 Quotation or listing of securities
The Taxation of Chargeable Gains Act 1992
10
1
In each of the provisions of the Taxation of Chargeable Gains Act 1992 listed in sub-paragraph (2) below, for the word “quoted” (wherever occurring) there shall be substituted “
listed
”
.
2
The provisions referred to in sub-paragraph (1) above are—
a
section 144(8)(b);
b
the definition of “unquoted company” in section 164N(1);
F1c
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d
section 276(2)(c) and (6);
e
section 281(3)(c); and
F1f
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
So far as relating to the provisions mentioned in sub-paragraph (2)(a) and (c) to (f) above, sub-paragraph (1) above has effect in relation to disposals on or after 1st April 1996.
4
So far as relating to the provision mentioned in sub-paragraph (2)(b) above, sub-paragraph (1) above has effect in relation to acquisitions of qualifying investments (within the meaning of section 164A of that Act) on or after 1st April 1996.
11
1
In section 146(4)(b) of that Act (definition of “quoted shares and securities”), for the words “have a quoted market value” there shall be substituted the words “
are listed
”
.
2
This paragraph has effect in relation to disposals of options on or after 1st April 1996.
12
F21
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2
In Schedule 11 to that Act (transitional provisions and savings), in paragraph 7(1)(a) (modification of section 272(3) when ascertaining market values before 25th March 1973), for “listed” there shall be substituted “
quoted
”
.
3
This paragraph has effect where the relevant date falls on or after 1st April 1996.