Finance Act 1987 (c. 16)

SCHEDULES

SCHEDULE 8 U.K. Securities, Other Business Property and Agricultural Property

2 U.K. In section 98 of the 1984 Act (effect of alterations of capital, etc.) in subsection (1)—

(a) in paragraph (a) for the words from “shares” onwards there shall be substituted “ quoted shares or quoted securities ”;

(b) in paragraph (b) for the words from “shares” onwards there shall be substituted “ unquoted shares in or unquoted debentures of a close company ”; and

(c) for the words “shares or debentures not so quoted” there shall be substituted “ unquoted shares or unquoted debentures ”.