General savings for the taxation of chargeable gainsU.K.
7U.K.The amendments of the 1992 Act contained in Schedule 14 to this Act and the related repeals made by this Act—
(a)so far as they relate to section 253 of the 1992 Act, do not apply to any loan the outstanding amount of principal on which became irrecoverable before 1st April 1996;
(b)so far as they relate to section 254 of the 1992 Act, do not apply to any security whose value became negligible before 1st April 1996;
(c)so far as they relate to anything else, do not apply in relation to any disposal made, or deemed to be made, before 1st April 1996.