52(1)In relation to shares issued before 7 March 2001, section 192(1) (as applied by section 137(7)) applies with the insertion after paragraph (c) of—U.K.
“(ca)oil extraction activities (within the meaning of Chapter 5 of Part 12 of ICTA),”.
(2)In the application of sub-paragraph (1) on or after 7 March 2001, shares—
(a)that were issued on or after 6 April 1998 but before 7 March 2001, and
(b)to which EIS relief or relief under Schedule 5B to TCGA 1992 was attributable immediately before 7 March 2001,
are treated as having been issued on or after 7 March 2001.
F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Sch. 2 para. 52(3) repealed (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 3 Pt. 1 (with Sch. 2)