57(1)This paragraph applies for the purposes of section 554R of ITEPA 2003 in a case in which—U.K.
(a)the relevant step mentioned in subsection (6)(a) of that section was taken before 6 April 2011, and
(b)the requirement of subsection (6)(b) of that section would have been met had Part 7A of ITEPA 2003 had effect in relation to relevant steps within section 554B of that Act taken before that date.
(2)The requirement of subsection (6)(b) of that section is to be treated as met in that case.