Finance Act, 1994

Chapter VI

Capital Gains Tax

Amendment of Schedule 4 (administration) to Capital Gains Tax Act, 1975.

63.—(1) Schedule 4 to the Capital Gains Tax Act, 1975 , is hereby amended by the substitution, in subparagraph (6) of paragraph 4, of “£5,000” for “two thousand pounds”.

(2) Subsection (1) shall apply and have effect as respects transactions effected on or after the 6th day of April, 1994.