Textual Amendments
F1S. 33 repealed (29.4.1996 with effect in accordance with ss. 80-105 of the repealing Act) by 1996 c. 8, s. 205, Sch. 41 Pt V(3), Note
Schedule 8 to this Act (which contains provisions about arrangements relating to rights in pursuance of deposits) shall have effect.
(1)Section 135 of the M1Taxation of Chargeable Gains Act 1992 (exchange of securities for those in another company) shall have effect, and be deemed always to have had effect, with the insertion after subsection (1)(b) of “or
(c)company A holds, or in consequence of the exchange will hold, the greater part of the voting power in company B”.
(2)Subject to the repeals made by the Taxation of Chargeable Gains Act 1992, in relation to exchanges made on or after 1st January 1992 section 85 of the M2Capital Gains Tax Act 1979 (exchange of securities for those in another company) shall have effect, and be deemed to have had effect, with the insertion after subsection (1)(b) of “or
(c)company A holds, or in consequence of the exchange will hold, the greater part of the voting power in company B”.