SCHEDULES
SCHEDULE 28Capital gains tax: reporting limits and annual exempt amount
Part 2Annual exempt amount
5
1
Paragraph 2 of that Schedule is amended as follows.
2
In sub-paragraph (1) for “section 3(1) to (6)” substitute “
sections 3(1) to (5C) and 3A
”
.
3
In sub-paragraph (2)—
a
for “subsections (1) and (5)” substitute “
section 3(1), (5A), (5B) and (5C)
”
;
b
after “section 3(1), (5A), (5B) and (5C)” insert “
and section 3A(1)(a)
”
.
4
After sub-paragraph (2) insert—
2A
As they apply by virtue of sub-paragraph (1) above—
a
section 3(5A) has effect with the omission of paragraph (b), and
b
section 3(5B) has effect with the omission of the words “or (b)”.
5
Omit sub-paragraph (3).
6
In sub-paragraph (9) for “An inspector” substitute “
An officer of the Board
”
.