109 [Corporation tax: pre-April] 1982 share pools
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

109  [Corporation tax: pre-April] 1982 share pools

(1)     [For the purposes of corporation tax, this] section has effect in relation to any 1982 holding, and in this section “1982 holding” means a holding which, immediately before the coming into force of this section, was a 1982 holding for the purposes of Part II of Schedule 19 to the Finance Act 1985.

(2)     Subject to subsections (3) to (5) below—

(a)     the holding shall continue to be regarded as a single asset for the purposes of this Act [(subject to express provision to the contrary)], but one which cannot grow by the acquisition of additional securities of the same class, and

(b)     every sum,

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