OpenLegislation

Regulation 4

Original text. Later amendments are not shown.

Of qualifying securities in each 1983 holding which is held by a company immediately before 1st April 1985 there shall be identified as at that time for the purposes of these Regulations—

(a)

by reference to the provisions of Regulations 5, 6, 7 and 8, the 1982 holding and the new holding of such of those securities as are not relevant securities; and

(b)

by reference to the provisions of Regulations 5, 6 and 9, the 1982 holding (and the securities not in the 1982 holding) of such of those securities as are relevant securities;

and, as modified by these Regulations, the relevant provisions of the said section 68 and Schedule 19 shall apply in relation to the 1982 holdings, the new holdings and the holdings of relevant securities.