SCHEDULES

SCHEDULE 26U.K. Capital Transfer Tax: Conditional Exemption

Consequential amendmentsU.K.

12U.K.In paragraph 3 of Schedule 4 to that Act—

(a)in sub-paragraph (2) (b) after “32 (5) (b)” there shall be inserted “,32A (6), (8) (b) or (9) (b)”;

(b)in sub-paragraph (2) (c) after “32” there shall be inserted “,32A”;

(c)in sub-paragraph (3) after “(4)” there shall be inserted “, or (as the case may be) undertakings such as are described in subsections (4) and (4A),” , after “the undertaking” (in both places) there shall be inserted “or undertakings”, and after “32” there shall be inserted “or 32A”.