ANNEX 1:: MINOR CHANGES IN THE LAW MADE BY THE BILL Share loss relief
Section 137, relating to share loss relief under Chapter 6 of Part 4 of this Act, and new section 576B of ICTA introduced by Schedule 1, relating to share loss relief under Chapter 5A of Part 13 of ICTA, both include a definition of “excluded activities” by reference to section 192 (read with sections 193 to 199). This is identical to that applying for the purposes of section 181.
Schedule 2 Part 6 (excluded activities: wholesale and retail distribution) includes a transitional provision relating to this change in section 193 as that section applies for the purposes of section 137 of this Act and section 576B of ICTA. No such transitional provision is required for section 193 as it applies for the purposes of section 181 (see section 1034(3) for the commencement of section 193 as it applies for that purpose).