Introduction Overview Overview Section 1162: The 15% holding limit: exceptions
3308.This section qualifies the application of condition E. It is based on section 842(1), (2) and (3) of ICTA.
3309.A well-known HMRC practice with regard to the disposal of shares or securities from a holding is legislated for in subsections (4) and (5). See Change 63in Annex 1.