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Paragraph 37 I1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

In section 169(3)(a) (availability of hold-over relief)—

(a)

for “fall to be treated, under section 69, as” substitute “ are ”, and

(b)

omit the words from “, although” to the end of the paragraph.

(2)

In section 169(3)(b)(ii) (notional disposal) for “arising” substitute “ accruing ”.

(3)

This paragraph shall have effect in relation to relevant disposals (within the meaning given by section 169(2)) made on or after 6th April 2007 (in relation to settlements whenever created).

Annotations

Commencement

I1

Sch. 12 paras. 35-40 in force at 6.4.2007 unless otherwise expressly provided see Sch. 12 para. 41