SCHEDULES

SCHEDULE 2Capital gains tax reform

Abolition of taper relief

55

In consequence of paragraphs 23 to 54, omit—

a

in FA 1998—

i

section 121(1) and (2),

ii

section 140(5),

iii

Schedule 20, and

iv

paragraphs 2, 4, 6(3) and (4), 7 and 9 of Schedule 21,

b

in FA 1999—

i

section 72, and

ii

Schedule 7,

c

sections 66 and 67 of FA 2000,

d

in FA 2001—

i

section 78, and

ii

Schedule 26,

e

in FA 2002—

i

sections 46 and 47,

ii

paragraph 5(13) of Schedule 9,

iii

Schedule 10, and

iv

paragraphs 2(2) and 4 to 6 of Schedule 11,

f

in FA 2003—

i

section 160, and

ii

paragraph 5 of Schedule 29,

g

in Schedule 21 to FA 2004—

i

paragraphs 3(4) and 8, and

ii

in paragraph 10, in sub-paragraph (4), “, 8(2)” and sub-paragraph (6),

h

paragraphs 13 and 27 of Schedule 12 to FA 2006, and

i

paragraphs 313 and 343 of Schedule 1 to ITA 2007.