Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 442: Amount or value of consideration given for shares or conversion
1883.This section derives from section 140E(1) to (6) of ICTA. Section 140E(7) has been taken to a separate section. It determines, for the purposes of section 439, the amount allowable as the cost of the shares or the cost of conversion.