4(1)In section 272 of TCGA 1992 (valuation: general), for subsections (3) and (4) substitute—U.K.
“(3)The Treasury may make regulations as to the manner for determining for the purposes of this Act—
(a)the market value at any time of shares or securities which are included in the official UK list, and
(b)the market value at any time of shares or securities which are listed on a recognised stock exchange outside the United Kingdom.
(4)The regulations may—
(a)make different provision for different cases, and
(b)contain incidental, supplemental, consequential and transitional provision and savings.”
(2)The amendment made by sub-paragraph (1) has effect where the date of valuation falls on or after such day as may be appointed by the Treasury by order; and different days may be appointed for different purposes.
Commencement Information