# The Corporation Tax Act 2009 (Amendment) Order 2010, Article 2: Amendment of the Taxation of Chargeable Gains Act 1992


In paragraph 34 of Schedule 7AC to the Taxation of Chargeable Gains Act 1992 (exemptions for disposals by companies with substantial shareholding) after sub-paragraph (1) insert—
“(2) Sub-paragraph (1) does not apply where the relevant earlier transaction is a disposal and reacquisition deemed to have occurred (in a period of account beginning before 1 January 2005) under section 92(7) of the Finance Act 1996 (convertible securities etc: creditor relationships).”.

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Source: https://www.legislation.gov.uk/uksi/2010/614/article/2 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009-amendment-order-2010/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.