Taxation of Chargeable Gains Act 1992 Schedule 10 paragraph 17

Health and Medicines Act 1988 c. 49

Paragraph 17 of Schedule 10 updates a cross-reference in the Health and Medicines Act 1988 to reflect the consolidation of capital gains tax legislation into the Taxation of Chargeable Gains Act 1992.

• This is a consequential amendment arising from the rewriting of capital gains tax law into the Taxation of Chargeable Gains Act 1992.
• It amends section 6(2) of the Health and Medicines Act 1988.
• The old reference to section 272(5) of the Income and Corporation Taxes Act 1970 is replaced with a reference to section 170(12) of the Taxation of Chargeable Gains Act 1992.
• The underlying rules themselves are unchanged; only the statutory reference is updated to point to the correct location in the new consolidated Act.