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Section 101: Dealers in securities etc.

Finance Act 1998 · 1998 c. 36View on legislation.gov.uk

Part III: Income Tax, Corporation Tax and Capital Gains Tax — Chapter I: Income Tax and Corporation Tax

Section 471 of the Taxes Act 1988 (exchange of securities in connection with conversion operations, nationalisation etc.) shall cease to have effect.

Section 472 of that Act (distribution of securities issued in connection with nationalisation etc.) shall cease to have effect.

Subsection (1) above applies in relation to exchanges made after the day on which this Act is passed.

Subsection (2) above applies in relation to issues of securities occurring after that day.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.