123 Abolition of pooling for CGT
Finance Act 1998 (1998 c 36) | Legislation

Pooling and identification of shares etc

123  Abolition of pooling for CGT

(1)     . . .

(2)     . . .

(3)     In subsection (3) of that section (interpretation), for ““a new holding” is” there shall be substituted ““a section 104 holding” is”.

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

“(4)     For the purposes of this Chapter securities of a company which are held—

(a)     by a person who acquired them as an employee of the company or of any other person,

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