Section 109 | Meaning of “recognised stock exchange” etc

Schedule 26 contains—

(a)new definitions of “recognised stock exchange” for the purposes of the Tax Acts and TCGA 1992,

(b)provision for the valuation for the purposes of TCGA 1992 of certain shares or securities listed on recognised stock exchanges,

(c)provision for the valuation for the purposes of Chapter 8 of Part 4 of ITTOIA 2005 of strips and securities exchanged for strips, and

(d)minor and consequential amendments in relation to stock exchanges.