SCHEDULES

[F1 SCHEDULE 5AA U.K.Meaning of “scheme of reconstruction”

Textual Amendments

F1 Sch. 5AA inserted (with effect in accordance with Sch. 9 paras. 7, 8 of the amending Act) by Finance Act 2002 (c. 23), Sch. 9 para. 3

Preliminary reorganisation of share capital to be disregarded U.K.

6 U.K.Where a reorganisation of the share capital of the original company, or of any of the original companies, is carried out for the purposes of the scheme of reconstruction, the provisions of the first and second conditions apply in relation to the position after the reorganisation.]