# Finance Act 2011, Paragraph 1


In section 30 of TCGA 1992 (tax-free benefits)—
(a) in subsection (1)(a) omit “or a relevant asset”,
(b) for subsection (2) substitute—
“(2) But, for the purposes of corporation tax, this section does not have effect if the disposal of the asset is a disposal by a company of shares in, or securities of, another company (as to which see section 31).”, and
(c) omit subsection (8).

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/9/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-9/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.