Finance Act 2019

TCGA 1992

84 (1) Section 279C (effect of election under section 279A) is amended as follows.

(2) In subsection (3), for “section 2(2)(a)” substitute “section 1(3)(a)”.

(3) In subsection (4)—

(a) for “section 2(2)” substitute “section 1(3)”, and

(b) omit “(read, where appropriate, with section 2(4)(a))”.

(4) In subsection (5), for “section 2(2)(b)” substitute “section 1(3)(b)”.

(5) In subsection (6)—

(a) in the opening words, for “section 2(2)(b)” substitute “section 1(3)(b)”, and

(b) in paragraph (c), for “section 10A” substitute “section 1M”.