(1) In this section -
'new holding', in relation to original shares, and 'original shares' have, respectively, the same meanings as in section 584(1).
(2) Subsections (4) and (5) shall apply where a transaction to which this section applies occurs in relation to any original shares -
(a) to which a person carrying on a business consisting wholly or partly of dealing in securities is beneficially entitled, and
(b) which are such that a profit on their sale would form part of the trading profits of that business.
(3) This section applies to any transaction, being a disposal of original shares which, if the original shares were not such as are mentioned in subsection (2) would result in the disposal not being treated as a disposal by virtue of sections 584 to 587; but does not apply to any transaction in relation to which section 751B applies.
(4) Subject to subsection (5), in making any computation in accordance with the provisions of the Tax Acts applicable to trading profits chargeable
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