Part I Capital gains tax and corporation tax on chargeable gains
Part II General Provisions relating to computation of gains and acquisitions and disposals of assets
Chapter II Assets and disposals of assets
Part III Individuals, partnerships, trusts and collective investment schemes
71. Person becoming absolutely entitled to settled property.
72. Termination of life interest on death of person entitled.
74. Effect on sections 72 and 73 of relief under section 165 or 260.
76A. Disposal of interest in settled property: deemed disposal of underlying assets.
76B. Transfers of value by trustees linked with trustee borrowing.
79B. Attribution to trustees of gains of non-resident companies.
Migration of settlements, non-resident settlements and dual resident settlements
85A. Transfers of value: attribution of gains to beneficiaries.
86. Attribution of gains to settlors with interest in non-resident or dual resident settlements.
94. Transfers of settled property where qualifying amounts not wholly matched.
98. Power to obtain information for purposes of sections 87 to 90.
Chapter III Collective investment schemes and investment trusts
Part IV Shares, securities, options etc.
Share pooling, identification of securities, and indexation
105. Disposal on or before day of acquisition of shares and other unidentified assets.
106. Disposal of shares and securities by company within prescribed period of acquisition.
106A. Identification of securities: general rules for capital gains tax.
110A. Indexation for section 104 holdings: capital gains tax.
Chapter II Reorganisation of share capital, conversion of securities etc.
Chapter III Miscellaneous provisions relating to commodities, futures, options and other securities
Part V Transfer of business assets
Part VI Companies, oil, insurance etc.
Chapter II Oil and mining industries
Oil exploration and exploitation
193. Roll-over relief not available for gains on oil licences.
194. Disposals of oil licences relating to undeveloped areas.
197. Disposals of interests in oil fields etc: ring fence provisions.
198. Replacement of business assets used in connection with oil fields.
200. Limitation of losses on disposal of oil industry assets held on 31st March 1982.
SCHEDULES
Period for which an asset is held and relevant period of ownership
Cases where an asset is used at the same time for different purposes
Periods of limited exposure to fluctuations in value not to count
Periods of share ownership not to count where there is a change of activity by the company
Periods of share ownership not to count in a case of value shifting
Special rules for assets acquired in the reconstruction of mutual businesses etc.
Application of exempt amount in cases involving settled property
Assets held on 31st March 1982
Deferred charges on gains before 31st March 1982
Disposal of interest in settled property: deemed disposal of underlying assets
Transfers of value by trustees linked with trustee borrowing
Transfers of value: attribution of gains to beneficiaries
Attribution of gains to settlors with interest in non-resident or dual resident settlement
Enterprise investment scheme: application of taper relief
Venture capital trusts: deferred charge on re-investment
Modification of Act in relation to overseas life insurance companies
1.In its application to an overseas life insurance company (as...
2.(1) In section 13(5)(d), the words “section 11(2)(b), (c), (d)...
3.(1) In section 16(3), the words “under section 11(2)(b), (c),...
4.(1) In section 25, the following subsection shall be treated...
5.(1) In section 140A(2), the words “ section 11(2)(b), (c)...
6.(1) In section 159(4)(b), the words “ section 11(2)(b), (c)...
6A.In section 171(1A), the words “section 11(2)(b), (c), (d) or...
6B.In section 175(2AA), the words “section 11(2)(b), (c), (d) or...
7.(1) In section 172(4), the words “ section 11(2)(b), (c),...
9.(1) In section 190(2)(b) , the words “section 11(2)(b), (c),...
10.(1) In section 212, the following subsection shall be treated...
12.(1) In section 214, the following subsection shall be treated...
14.(1) In section 228(6)(b), the words “ section 11(2)(b), (c)...
15.(1) In Schedule 7A, in sub-paragraph (3A) of paragraph 1,...
Relief for transfers to approved share plans
Transitional provisions and savings