Taxation of Chargeable Gains Act 1992 (c. 12)

Part IV Shares, securities, options etc.

Chapter I General

Share pooling, identification of securities, and indexation

111 Indexation: building society etc. shares

An indexation allowance shall not be made in the case of—

(a) shares in a building society, or

(b) shares in a registered industrial and provident society as defined in section 486 of the Taxes Act.