Section 49
Schedule 5 to the principal Act is amended—
(a)
in Part i, in the column “category of disposal”—
(i)
in item no. 1, by substituting for the word “two”
the word “three”;
(ii)
in item no. 2, by substituting for the word “third”
the word “fourth”;
(iii)
in item no. 3, by substituting for the word “fourth”
the word “fifth”; and
(iv)
in item no. 4, by substituting for the word “fifth”
the word “sixth”;
(b)
in Part i, in the column “Rate of tax” in item no. 4, by substituting for the words “5 per cent” the word “Nil”; and
(c)
in Part ii, in the column “category of disposal”—
(i)
in item no. 1, by substituting for the word “two”
the word “three”;
(ii)
in item no. 2, by substituting for the word “third”
the word “fourth”;
(iii)
in item no. 3, by substituting for the word “fourth”
the word “fifth”; and
(iv)
in item no. 4, by substituting for the word “fifth”
the word “sixth”.
Finance 29