1U.K.In section 30 of TCGA 1992 (tax-free benefits)—
(a)in subsection (1)(a) omit “or a relevant asset”,
(b)for subsection (2) substitute—
“(2)But, for the purposes of corporation tax, this section does not have effect if the disposal of the asset is a disposal by a company of shares in, or securities of, another company (as to which see section 31).”, and
(c)omit subsection (8).