SCHEDULES

SCHEDULE 26Meaning of "recognised stock exchange" etc

Minor and consequential amendments

8

1

TCGA 1992 is amended as follows.

2

In section 130(1)(a) (composite new holdings)—

a

for “had quoted market values” substitute “ were listed ”, and

b

omit “in the United Kingdom or elsewhere”.

3

In section 144(8)(a) (options and forfeited deposits), for “quoted on” substitute “ listed on ”.

4

In section 146(4)(b) (options: application of rules as to wasting assets), omit “in the United Kingdom or elsewhere”.

5

In section 273(2) (unquoted shares and securities), for “quoted” substitute “ listed ”.

6

Omit section 285 (recognised investment exchanges).