Part 4 Miscellaneous Amendments
Finance Act 2014 (2014 c 26) | Legislation

Part 4 Miscellaneous Amendments

Finance Act 1986

17

(1)     In section 102 of FA 1986 (gifts with reservation), in subsection (5) omit the “and†after paragraph (h) and after paragraph (i) insert

“; and

(j)     section 28A (employee-ownership trusts).â€

(2)     The amendment made by this paragraph has effect in relation to disposals made on or after 6 April 2014.

Taxation of Chargeable Gains Act 1992

18

(1)     In section 104 of TCGA 1992 (share pooling: general interpretative provisions), after subsection (4) insert—

“(4A)     For the purposes of this Chapter, securities of a company which are held by the trustees of a settlement, having been last acquired or deemed to be acquired by them in circumstances where section 236H or 236Q applied, shall (notwithstanding that they would otherwise fall to be treated as of the same class) be treated as of a different class from any other securities of the company acquired by those trustees.â€

(2)     The amendment made by this paragraph has effect in relation to any disposal on or after 6 April 2014 of any securities (whenever acquired).

Income Tax (Earnings and Pensions) Act 2003

19

(1)     Paragraph 27 of Schedule 2 to

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