Paragraph 2

In section 35(3) (assets held on 31 March 1982, including assets held on 6 April 1965)—

(a)

in paragraph (c), omit the “or” at the end, and

(b)

after that paragraph insert—

“(ca)
where, by virtue of section 195B, 195C or 195E, neither a gain nor a loss accrues to the person making the disposal, or”.