[97AB Exempt capital-raising transfers]
Finance Act 1986 (1986 c 41) | Legislation

[Depositary receipts and clearance services: further exceptions]

[97AB  Exempt capital-raising transfers]

[(1)     There is to be no charge to tax under section 93 or 96 in respect of an exempt capital-raising transfer.

(2)     For the purposes of subsection (1), a transfer of chargeable

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