§ Mr. Patrick JenkinI beg to move Amendment No. 157, in page 71, line 29, at end insert—
'(4) Any election which has been made for the purpose of subsection (1) of the said section 256 as originally enacted and has not ceased to have effect by virtue of section 257 (3) or (4) of the Taxes Act before 6th April 1973 shall be treated as having been made also for the purposes of subsection (1) of the said section 256 as substituted by this section'.I gave an undertaking in Committee that we would meet this point. This Amendment is intended to meet the undertaking.
§ Amendment agreed to.