Paragraph 35

In Chapter 1 of Part 7 (income and exemptions relating to securities: general), section 421D (replacement and additional securities and changes in interests) is amended as follows.

In subsection (3), insert at the end “ and for the purposes of Chapter 3C as a payment made for their acquisition at or before the time of the acquisition ”.

In subsection (4), insert at the end “ or a payment was made for their acquisition at or before the time of the acquisition ”.