557-550 Elections by companies to include quoted shares held at 6 April 1965 in the 1982 holding (also applicable to individuals and trustees for years to 5 April 2008
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
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’.