35 A–B B where⎯ A represents the figure for the All Items Consumer Price Index issued by the Central Statistics Office at the time of disposal of the property B represents the figure for the All Items Consumer Price Index issued by the Central Statistics Office in the month of effecting improvements or month of purchase of the property.”. 37 Amendment of section 21 of Cap. 23:01 With effect from the 1st January, 2007, section 21 (“Provisions for the sale of principal private residences”) (1) of the Capital Gains Tax Act [Chapter 23:01] is amended— (a) in subsection (1) by the insertion of the following definition— "“residential stand”, in relation to an individual, means any land, whether or not it is a piece of land registered as a separate entity in a Deeds Registry, which— (a) is owned by the individual concerned; and (b) is proved to the satisfaction of the Commissioner to be intended for the building of a principal private residence thereon;"; (b) in subsections (2) and (3) by the insertion after “principal private residence” wherever it occurs of “residential stand”. 38 Amendment of section 23 of Cap. 23:01 With effect from the 1st January, 2007, section 23 (“Application of provisions of Taxes Act relating to returns and assessments”) of the Capital Gains Tax Act [Chapter 23:01] is amended by the insertion of the following paragraph after paragraph (o)— “(o1) Part VIIIA relating to application of information technology for the purposes of the Taxes Act;”. PART VI VALUE ADDED TAX 39 Amendment of section 2 of Cap, 23:12 Section 2 ("Interpretation") (1) of the Value Added Tax Act [Chapter 23:12] is amended in the definition of "financial services" by the repeal of paragraph (g) and the substitution of– "(g) the services of an actuary, insurance agent, insurance broker as defined in the Insurance Act [Chapter 24:07] or fund administrator as defined in the Pension and Provident Funds Act [Chapter 24:09], to the extent that those services are rendered to or on behalf of an insurer registered in terms of the Insurance Act [Chapter 24:07] or to or on behalf of a pension fund registered in terms of the Pension and Provident Funds Act [Chapter 24:09].".