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Section 54: Amendments consequential on sections 50 to 53.

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

The Taxation of Chargeable Gains Act 1992 shall be amended as follows.

After subsection (5) of section 120 (increase of expenditure by reference to tax charged in relation to shares) there shall be inserted the following subsections—

In subsection (7) of that section—

after "(5)," there shall be inserted ; and" , (5A), (5B) "
after "138" there shall be inserted ." , 140A, 140D "

After that subsection there shall be inserted the following subsection—

After section 149A there shall be inserted the following section—

This section has effect in relation to disposals on or after 17th March 1998 of interests and shares acquired on or after that date.

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