Overview Part 1: Income and Corporation Taxes Act 1988 Section 576L
3201.This new section of ICTA contains definitions formerly in section 576(5) of ICTA. Subsections (2) to (4) contain provisions to reflect that, in the new sections 576B to 576K of ICTA, the definition of “shares” in most cases either applies in a modified form or does not apply at all.