148 Disposal of shares forming part of mixed holding
Income Tax Act 2007 (2007 c 3) | Legislation

148  Disposal of shares forming part of mixed holding

(1)     This section applies if an individual disposes of shares forming part of a mixed holding of shares, that is, a holding of shares in a company which includes—

(a)     shares that are not capable of being qualifying shares, and

(b)     other shares.

(2)     Any question—

(a)     whether a disposal by the individual of shares forming part of the mixed holding is of qualifying shares, or

(b)     as to which of any qualifying shares acquired by the individual at different times such a disposal relates to,

is to be determined as provided by the following provisions of this section.

(3)     Any such question as is mentioned in subsection (2) is to be determined—

(a)     except in a case falling within paragraph (b)—

(i)     in

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