Amendment of regulation 3617
1
Amend regulation 36 as follows.
2
In the title to the regulation after “Taxes Act” insert “and of Chapter 9 of Part 4 of ITTOIA 2005”.
3
In paragraph (2)(b) for “within the meaning given by section 540 of the Taxes Act” substitute “falling within section 484(1) of ITTOIA 2005”.
4
In paragraph (3) after “Taxes Act” insert “and of Chapter 9 of Part 4 of ITTOIA 2005”.
5
For paragraph (4) substitute—
4
Section 530 of ITTOIA 2005 does not apply to a gain in a case in which paragraph (1) applies.
6
In paragraph (5) for “section 550 of the Taxes Act” substitute “section 535 of ITTOIA 2005”.