Finance (No. 2) Act 1992
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
35 Exchange of securities.
(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) Subject to the repeals made by the Taxation of Chargeable Gains Act 1992, in relation to exchanges made on or after 1st January 1992 section 85 of the Capital Gains Tax Act 1979 (exchange of securities for those in another company) shall have effect, and be deemed to have had effect, with the insertion after subsection (1)(b) of or (c) company A holds, or in consequence of the exchange will hold, the greater part of the voting power in company B .
35 Exchange of securities.
(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) Subject to the repeals made by the Taxation of Chargeable Gains Act 1992, in relation to exchanges made on or after 1st January 1992 section 85 of the Capital Gains Tax Act 1979 (exchange of securities for those in another company) shall have effect, and be deemed to have had effect, with the insertion after subsection (1)(b) of or (c) company A holds, or in consequence of the exchange will hold, the greater part of the voting power in company B .
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