Elections were possible under earlier legislation (CGTA 1979, Sch. 5, para. 4, 7) for pooling to apply in relation to every holding within either or both of the following categories:

(1)fixed interest securities and preference shares; and

(2)other securities,

the effect being to pool each affected holding within that category at the share value at 6 April 1965; if such an election was made before 6 April 1982 (or 1 April 1982 for companies) the shares or securities formed part of the frozen ‘1982 holding’.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.