§ In connection with the new Case VII it is necessary to provide for the case where an operator uses a company to buy land and then disposes of the acquisition by selling the shares of the company rather than the land itself. In broad outline, my proposal is that if shares in a closely controlled landowning company are sold by a shareholder owning a substantial interest in the company, any gains outside the six months' period will, nevertheless, be brought into the new charge. But the amount of the charge in these cases will be limited by reference to any appreciation in the value of land which was acquired after today and which, at the time of the sale of the shares, had been held by the company for not more than three years.