Section 45 Chattel exemption.

1)-(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(5)

In sections 12(2)(b) and 25(7) of the Taxes Management Act 1970 (information about chargeable gains) for “£1,000” there shall be substituted “£2,000”.

(6)

This section applies for the year 1978-79 and subsequent years of assessment; . . . F2

Annotations

Textual amendments

F1: S. 45(1)–(4) repealed by Capital Gains Tax Act 1979 (c. 14, SIF 63:2), s. 158, Sch. 8
F2: Words repealed by Capital Gains Tax Act 1979 (c. 14, SIF 63:2), s.158, Sch.8