# Finance Act 1996, Paragraph 5


(1) In each of sections 227(1AA) and 228(5) of that Act (meaning of “unquoted”), for the word “quoted” there shall be substituted “ listed ”.
(2) This paragraph has effect—
(a) in relation to transfers of value on or after 1st April 1996; and
(b) for the purposes of any charge to tax by reason of an event occurring on or after 1st April 1996, in relation to transfers of value before that date.

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Source: https://www.legislation.gov.uk/ukpga/1996/8/schedule/38/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-act-1996/schedule-38/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.