7(1)In section 169H(1) of TCGA 1992 (relief under Chapter 3 of Part 5: introduction), for “to be known as “entrepreneurs’ relief”” substitute “to be known as “business asset disposal relief””.
(2)In consequence of that amendment—
(a)in the rest of TCGA 1992, for “entrepreneurs’ relief”, wherever occurring, substitute “business asset disposal relief”;
(b)in section 169V of TCGA 1992 (operation of deferred entrepreneurs’ relief), for “ER purposes”, wherever occurring, substitute “relevant purposes”.
(3)Nothing in this paragraph affects the operation of Chapter 3 of Part 5 of TCGA 1992.
8This Part of this Schedule has effect for the tax year 2020-21 and subsequent tax years.