Regulation 7
In respect of qualifying securities (“the securities”)—
(a)
the number of the securities which fall to be included in the new holding is given by the formula A − J;
(b)
the relevant allowable expenditure in relation to a disposal by the company of all the securities referred to in paragraph (a) above immediately before 1st April 1985 is given by the formula B − K;
(c)
the indexed pool of expenditure in relation to the securities referred to in paragraph (a) above for the purposes of paragraph 13(2) of Schedule 19 is given by the formula—