[169VB Qualifying shares, potentially qualifying shares and excluded shares]

[Qualifying shares]

[169VB  Qualifying shares, potentially qualifying shares and excluded shares]

[(1)     Where there is a disposal of all or part of (or of an interest in) a holding of shares in a company, this section applies to determine whether a share which is in the holding at the time immediately before the disposal (“the relevant time”) is for the purposes of this Chapter—

(a)     a qualifying share,

(b)     a potentially qualifying share, or

(c)     an excluded share.

(2)     The share is a “qualifying share” at the relevant time if—

(a)     the share was subscribed for, within the meaning given by section 169VU, by the

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