Paragraph 16
United Kingdom
In a case where—
(a)
a security is the subject of a transfer which falls within section 129(3)of the Taxes Act 1988, and
(b)
paragraph 5 above would apply to the transfer (apart from this paragraph),
that paragraph shall not apply to the transfer.
Notes on Schedule 11
Textual amendments
- F1
Sch. 11 repealed (29.4.1996) by 1996 c. 8, ss. 104, 205, Sch. 14 para. 57, Sch. 41 Pt. V(3) (with savings in Pt. IV Ch. II (ss. 80-105))