9.—(1) This Regulation applies to a holding of relevant securities (“relevant securities holding”) which are qualifying securities comprised in a 1983 holding held by the company immediately before 1st April 1985 and, for the purposes of this Regulation, references to qualifying securities in Regulations 5 and 6 shall be treated as references to the relevant securities holding.
(2) In respect of the relevant securities holding—
(a)the number of relevant securities in the holding, not being relevant securities in the 1982 holding, is given by the formula A − J;
(b)the relevant securities in the holding to which paragraph (a) above refers shall be treated for the purposes of the Capital Gains Tax Act 1979 as having been acquired on 31st March 1984;
(c)the amount of the relevant allowable expenditure in relation to a disposal on or after 1st April 1985 of all the relevant securities in the holding to which paragraph (a) above refers is given by the formula
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and shall be apportioned rateably to the relevant securities.