SCHEDULES
SCHEDULE 2Transitionals and savings
Part 6Losses on disposal of shares
Excluded activities: wholesale and retail distribution
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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”.
F12
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