Taxation of Chargeable Gains Act 1992 Schedule 5AA paragraph 7

Subsequent issue of shares or debentures to be disregarded

Section 7 provides that certain later issues of shares or debentures by a successor company are to be ignored when testing whether the first and second conditions of the demerger relief rules are met.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.