3(1)This paragraph applies where this Schedule would have applied on a disposal but for paragraph 2(4) above.U.K.
(2)This Schedule applies on the disposal if paragraph 4 below would have applied had—
(a)section 154(2) continued to apply to the gain carried forward as a result of the claim by virtue of section 154(4), and
(b)the time of the disposal been the time when that gain was treated as accruing by virtue of section 154(2).