Part 3

Income tax, corporation tax and capital gains tax
Chapter 2

Other provisions

Miscellaneous

Financial trading stock
105
1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
In Schedule 12 to the Finance Act 1988 (c. 39)
(building societies: change of status)—
a
in paragraph 1 (which provides that paragraphs 2 to 7 apply where there is a transfer of the whole of a building society’s business to a successor company in accordance with section 97 etc of the Building Societies Act 1986 (c. 53)) for “2” substitute “ 3 ”; and
b
omit paragraph 2
(which relates to gilt-edged securities and other financial trading stock and is superseded by Chapter 2 of Part 4 of the Finance Act 1996).
S. 105(1) repealed (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), s. 1329(1), Sch. 3 Pt. 1 (with Sch. 2 Pts. 1, 2)