Valid from 06/04/2007
37(1)In section 169(3)(a) (availability of hold-over relief)—U.K.
(a)for “fall to be treated, under section 69, as” substitute “ are ”, and
(b)omit the words from “, although” to the end of the paragraph.
(2)In section 169(3)(b)(ii) (notional disposal) for “arising” substitute “ accruing ”.
(3)This paragraph shall have effect in relation to relevant disposals (within the meaning given by section 169(2)) made on or after 6th April 2007 (in relation to settlements whenever created).
Commencement Information
I1Sch. 12 paras. 35-40 in force at 6.4.2007 unless otherwise expressly provided see Sch. 12 para. 41