# Finance Act 2012, Paragraph 27


In section 150A (disposal of shares to which EIS relief is attributable)—
(a) in subsection (3), in paragraph (b) for “basic rate” substitute “ EIS original rate ”, and
(b) after that subsection insert—
“(3A) In subsection (3) “EIS original rate” has the meaning given by section 256A of ITA 2007, except that where the year mentioned in subsection (3)(b) is the tax year 2007-08 or an earlier year, it means 20%.”

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/7/paragraph/27 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-7/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.