# Corporation Tax Act 2010, Paragraph 34


(1) In relation to shares issued before 6 April 2006, section 84 applies with the substitution in subsections (1) and (2)—
(a) of “ £15 million ” for “£7 million”, and
(b) of “ £16 million ” for “£8 million”.
(2) For the purposes of sub-paragraph (1) shares issued on or after 6 April 2006 to a company which subscribed for them before 22 March 2006 are treated as having been issued before 6 April 2006.
(3) Section 84 does not apply in relation to shares issued before 6 April 1998.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/schedule/2/paragraph/34 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/schedule-2/paragraph-34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.