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
46 Transfer of a trade: supplementary (1).
(1) The Taxation of Chargeable Gains Act 1992 shall have effect, and be deemed always to have had effect, with the following amendments. (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) In section 116(11) (qualifying corporate bonds) after “139," there shall be inserted “ 140A, ”. (4) In section 140 (transfer of assets to non-resident company) the following subsection shall be inserted after subsection (6)— (6A) No claim may be made under this section as regards a transfer in relation to which a claim is made under section 140C. (5) In section 174 (disposal or acquisition outside a group)— (a) in subsection (2) after the word “section" (in the first place where it occurs) there shall be inserted “ 140A, ”; (b) in subsection (3) after “section" there shall be inserted “ 140A, ”. (6) In section 177(2) (dividend stripping) after “which section" there shall be inserted “ 140A, ”. (7) In section 184(2) (indexation)— (a) after the word “section" (in the first place where it occurs) there shall be inserted “ 140A, ”; (b) for “either" there shall be substituted “ one ”.
46 Transfer of a trade: supplementary (1).
(1) The Taxation of Chargeable Gains Act 1992 shall have effect, and be deemed always to have had effect, with the following amendments. (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) In section 116(11) (qualifying corporate bonds) after “139," there shall be inserted “ 140A, ”. (4) In section 140 (transfer of assets to non-resident company) the following subsection shall be inserted after subsection (6)— (6A) No claim may be made under this section as regards a transfer in relation to which a claim is made under section 140C. (5) In section 174 (disposal or acquisition outside a group)— (a) in subsection (2) after the word “section" (in the first place where it occurs) there shall be inserted “ 140A, ”; (b) in subsection (3) after “section" there shall be inserted “ 140A, ”. (6) In section 177(2) (dividend stripping) after “which section" there shall be inserted “ 140A, ”. (7) In section 184(2) (indexation)— (a) after the word “section" (in the first place where it occurs) there shall be inserted “ 140A, ”; (b) for “either" there shall be substituted “ one ”.
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