SCHEDULES
SCHEDULE 2Transitionals and savings
Part 14Tax avoidance
Individuals in partnership: exit charge
152
1
This paragraph applies for the purposes of sections 805 to 807 if the individual carried on the trade at any time before 26 March 2004.
2
Any reference to expenditure incurred in the trade in exploiting the licence does not include expenditure incurred before 10 February 2004.