Part II EIS Relief against Chargeable Gains
Finance Act 1998 (1998 c 36) | Legislation

Part II EIS Relief against Chargeable Gains

24

(1)     In subsections (1) and (2) of section 150A of the Taxation of Chargeable Gains Act 1992 (enterprise investment schemes), the word “eligible†shall cease to have effect.

(2)     In subsection (4)(a) of that section, for the words “issued to a person at different times a disposal relates†there shall be substituted the words “acquired by an individual at different times a disposal relates toâ€.

(3)     In subsection (5) of that section, for the words “Sections 104, 105 and 107†there shall be substituted the words “Sections 104, 105 and 106Aâ€.

(4)     For subsection (6) of that section there shall be substituted the following subsections—

“(6)     Where an individual holds shares which form part of the ordinary share capital of a company and include shares of more than one of the following kinds, namely—

(a)

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