Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 4 June 1964.
In line 39, leave out sub-paragraph (2) and insert:
(2) If an interest in the asset is disposed of by any person to a person who is his associate (as defined in this Schedule), the person disposing of the interest shall (unless in fact he obtains a greater sum) be treated for the purposes of the principal section as having obtained in respect of the interest—