SCHEDULES

F1F1SCHEDULE 14

Annotations:
Amendments (Textual)
F1

Sch. 14 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 8 Pt. 1 (with Sch. 7)

Part VII Capital gains tax

Rights issues in respect of qualifying shares

58

Where—

a

an individual holds qualifying shares, and

b

there is, by virtue of any such allotment for payment as is mentioned in section 126(2)(a) of the M1Taxation of Chargeable Gains Act 1992, a reorganisation affecting that holding,

sections 127 to 130 of that Act shall not apply in relation to that holding.