Amendments made: No. 47, in page 148, line 4, at beginning insert—
`Subject to sub-paragraph (2A) below,'.
No. 49, in page 148, line 18, at end insert—
No. 50, in page 148, line 24, after 'person' insert—
'(aa) the company and that person are not linked companies immediately before the disposal,'.
§ No. 51, in page 148, line 30, leave out 'Where—
(a)' and insert—
`This paragraph applies—
No. 52, in page 148, line 36, leave out 'and (b)' and insert—
§ No. 53, in page 148, line 39, at beginning insert—
§ '(1A) Where this paragraph applies'.
No. 54, in page 150, line 15, at end insert—
'(1A) In this Scedule the expressions "reorganisation", "original shares" and "new holding" have the meanings given by section 77 of the Capital Gains Tax Act 1979 except that, in a case where sections 78 and 79 of that Act apply in circumstances other than a reorganisation (within the meaning of section 77 of that Act) by virtue of any other provision of Chapter II of Part IV of that Act (conversion of securities, company reconstructions and amalgamations etc.), those expressions shall be construed as they fall to be construed in sections 78 and 79 as they so apply.'—[Mr. Norman Lamont.]