Schedules

SCHEDULE 2 U.K. Transitionals and savings etc

Part 5 U.K. Losses on disposal of shares

Interpretation of Chapter U.K.

40 U.K. In relation to shares issued before 6 April 1998, section 90 applies with the following modifications—

(a) in the definition of “excluded company” in subsection (1), the substitution for “in land, in commodities or futures or in shares, securities or other financial instruments” of “ in shares, securities, land, trades or commodity futures ”,

(b) in subsection (6), the insertion after “excluded company” of “ or is a non-UK resident ”.