121(1)  The applicable pooling rules also apply if the assets of the company in question include securities of a class and but for this section–

(a)some of them would be regarded as a 1982 holding for the purposes of corporation tax on chargeable gains, and

(b)the rest of them would be regarded as a section 104 holding for those purposes.

121(2)  “The applicable pooling rules” means–

(a)the pooling rules set out in section 119(1)(a) to (e) and (4)(a) and (b), or

(b)the pooling rules set out in section 120(1)(a) to (f) and (4)(a) to (c).

121(3)  In applying the applicable pooling rules in a case within subsection (1)–

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