121 Sections 119 and 120: supplementary
Finance Act 2012 (2012 c 14) | Legislation

121  Sections 119 and 120: supplementary

(1)     The applicable pooling rules also apply if the assets of the company in question include securities of a class and but for this section—

(a)     some of them would be regarded as a 1982 holding for the purposes of corporation tax on chargeable gains, and

(b)     the rest of them would be regarded as a section 104 holding for those purposes.

(2)     “The applicable pooling rules” means—

(a)

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