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CZ 1: Grandparented shares under employee share schemes
or “Special rules for certain employee shares received before 2016 or during a transition period”
You could also call this:

“Outdated tax rule for mining companies from 1970-1971 removed in 2014”

This section of the law, called ‘Mining company’s 1970–71 tax year’, used to be part of the Income Tax Act 2007. However, it has been removed from the law. The government took it out on 1 April 2014. This means that this specific rule about mining companies and their taxes for the year 1970-1971 no longer applies.

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Next up: CZ 3: Exchange variations on 8 August 1975

or “Rules for foreign currency loans and exchange rate changes in business”
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Part C Income
Terminating provisions

CZ 2Mining company’s 1970–71 tax year (Repealed)

    Notes
    • Section CZ 2: repealed, on , by section 25 of the Taxation (Annual Rates, Foreign Superannuation, and Remedial Matters) Act 2014 (2014 No 4).