SCHEDULES
SCHEDULE 2Transitionals and savings
Part 6Losses on disposal of shares
Excluded activities: wholesale and retail distribution
53
(1)
In relation to shares issued before 6 April 2007, section 193(5)(b) (as applied by section 137(7)) applies with the following modifications—
(a)
the insertion after “held” of “by the company”, and
(b)
the substitution for “the trader” of “a vendor”.
F1(2)
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