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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

The amendments made to section 272(3) and (4) of the Taxation of Chargeable Gains Act 1992 (c.12) and section 450 of the Income Tax (Trading and Other Income) Act 2005 (c. 5) (in relation to the valuation of shares listed on a recognised stock exchange) have effect where the date of valuation falls on or after a date appointed by the Treasury by order. This Order appoints 6th April 2015 as that date.

A Tax Information and Impact Note has not been prepared for this instrument as it gives effect to previously announced policy and it is an appointed day order.