122 Annual exempt amount for 1989-90.U.K.
For the year 1989-90 section 5 of the M1Capital GainsTax Act 1979 (annual exempt amount) shall have effect as if the amountspecified in subsection (1A) were £5,000; and accordingly subsection(1B) of that section (indexation) shall not apply for that year.
Marginal Citations