Part 4European company statute

59Consequential amendments

F21

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F12

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3

In section 140A of TCGA 1992 (transfer of UK trade)—

a

in subsection (1)(b) for “securities” substitute “ shares or debentures ”, and

b

in subsection (7) omit the definition of “securities”.

4

In section 140C of TCGA 1992 (transfer of non-UK trade)—

a

in subsection (1)(c) for “securities” substitute “ shares or debentures ”, and

b

in subsection (9) omit the definition of “securities”.

5

In paragraph 88(1) and (5) of Schedule 29 to FA 2002 (intangible fixed assets: gains and losses: transferred assets: application for clearance) after “85(5),” insert “ 85A(5), 87A(6), ”.

6

In paragraph 127 of that Schedule (acquired assets to be treated as existing assets) after sub-paragraph (1)(b)(ii) insert—

, or

iii

section 140E of that Act (transfer on formation of SE by merger),

7

Subsections (3) and (4) shall have effect in relation to an issue effected on or after 1st April 2005.