SCHEDULES

SCHEDULE 2 U.K.Capital gains tax reform

Abolition of taper relief U.K.

55 U.K.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.