SCHEDULES

SCHEDULE 38 Quotation or listing of securities

The Taxes Act 1988

6

1

In each of the provisions of the Taxes Act 1988 listed in sub-paragraph (2) below, for “quoted” (wherever occurring) there shall be substituted “ listed ”.

2

The provisions referred to in sub-paragraph (1) above are—

F1a

paragraph (b) of the definition of “quoted Eurobond” in section 124(6);

b

section 209(2)(e)(ii);

F2c

section 246S(3)(c) and (e);

d

section 254(11);

e

section 349(3A)(b);

f

section 415(1)(b);

g

section 477A(1A);

h

section 576(4);

j

paragraph 11(a) and (c) of Schedule 9;

k

paragraph (c) of paragraph 1(5C) of Schedule 18;

l

paragraph 5 of Schedule 20; and

m

paragraph 13(2)(c) of Schedule 25.

F13

So far as relating to the provision mentioned in sub-paragraph (2)(a) above, sub-paragraph (1) above has effect in relation to any interest paid on a quoted Eurobond on or after 1st April 1996.

4

So far as relating to the provision mentioned in sub-paragraph (2)(b) above, sub-paragraph (1) above has effect in relation to any interest paid or other distribution made on or after 1st April 1996.

5

So far as relating to the provisions mentioned in sub-paragraph F3(2)(c) and(m) above, sub-paragraph (1) above has effect in relation to accounting periods ending on or after 1st April 1996.

6

So far as relating to the provision mentioned in sub-paragraph (2)(d) above, sub-paragraph (1) above has effect in relation to securities issued on or after 1st April 1996.

7

So far as relating to the provisions mentioned in sub-paragraph (2)(e) and (g) above, sub-paragraph (1) above has effect in relation to dividends or interest which become payable on or after 1st April 1996.

8

So far as relating to the provision mentioned in sub-paragraph (2)(f) above, sub-paragraph (1) above has effect in relation to periods of 12 months ending on or after 1st April 1996.

9

So far as relating to the provision mentioned in sub-paragraph (2)(h) above, sub-paragraph (1) above has effect in relation to relevant periods ending on or after 1st April 1996.

10

So far as relating to the provisions mentioned in sub-paragraph (2)(j) and (k) above, sub-paragraph (1) above has effect in relation to any time falling on or after 1st April 1996.

11

So far as relating to the provision mentioned in sub-paragraph (2)(l) above, sub-paragraph (1) above has effect in relation to chargeable periods ending on or after 1st April 1996.