SCHEDULES

SCHEDULE 8Relevant high value disposals: gains and losses

“Relevant high value disposal”

2

(1)

Section 2C (“relevant high value disposal”) is amended as follows.

(2)

In subsection (6), in the definition of “the relevant ownership period” for “6 April 2013” substitute “ 6 April in the relevant year ”.

(3)

In that subsection, after that definition insert—

““the relevant year” means—

(a)

in Case 1 in paragraph 2 of Schedule 4ZZA, 2013;

(b)

in Case 2 in that paragraph, 2015;

(c)

in Case 3 in that paragraph, 2016;”.

(4)

In subsection (7)(b), for “1 April 2013” substitute “ 1 April in the relevant year ”.