SCHEDULES
SCHEDULE 16Entrepreneurs’ relief
4Commencement
1
Subject as follows, the amendments made by paragraph 1 of this Schedule have effect in relation to disposals on or after 6 April 2019.
2
3
The amendments made by paragraph 1(2)(c), (3)(a) and (6)(b) do not have effect in relation to a disposal where the date on which the company—
a
ceases to be a trading company without continuing to be or becoming a member of a trading group, or
b
ceases to be a member of a trading group without continuing to be a trading company,
is before 29 October 2018.
4
The amendments made by paragraph 2 of this Schedule have effect in relation to disposals on or after 29 October 2018 but, in the case of a disposal made before 21 December 2018, section 169LA(1ZA)(a) of TCGA 1992 has effect as if the reference to section 169S(3)(c)(ii) of that Act were omitted.