Finance Act 2007

Minor and consequential amendments

8 (1) TCGA 1992 is amended as follows.

(2) In section 130(1)(a) (composite new holdings)—

(a) for “had quoted market values” substitute “were listed”, and

(b) omit “in the United Kingdom or elsewhere”.

(3) In section 144(8)(a) (options and forfeited deposits), for “quoted on” substitute “listed on”.

(4) In section 146(4)(b) (options: application of rules as to wasting assets), omit “in the United Kingdom or elsewhere”.

(5) In section 273(2) (unquoted shares and securities), for “quoted” substitute “listed”.

(6) Omit section 285 (recognised investment exchanges).