ihta84/sch8/para6.- The Development Land Tax Act 1976

Section 276

6.-(1) Section 34 of the Development Land Tax Act 1976 shall be amended as follows.

(2) In subsection (3)(d)(ii) for the words "Chapter II of Part IV of the Finance Act 1982" there shall be substituted the words "any provision, apart from section 79, of Chapter III of Part III of the Capital Transfer Tax Act 1984".

(3) In subsection (5)(a) after the words "Act 1976" there shall be inserted the words "or section 31 of the Capital Transfer Tax Act 1984" and for the words "section 76 of that Act" there shall be substituted the words "section 30(2) of the Capital Transfer Tax Act 1984".

(4) In subsection (6) for the words "Subsections (2) and (2A) of section 51 of the Finance Act 1975" there shall be substituted the words "Sections 2(3) and 3(4) of the Capital Transfer Tax Act 1984" and for the words "Part III of the Finance Act 1975" there shall be substituted the words "the Capital Transfer Tax Act 1984".

1 Repealed by 1985 s.93 and Sch.27, Part X, in relation to disposals on or after 19 March 1985.