http://www.legislation.gov.uk/ukpga/1974/30/schedule/9/paragraph/17/2003-04-06
Finance Act 1974
An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with Finance.
1974-07-31
text
text/xml
en
Statute Law Database
2011-05-27
2003-04-06
SCHEDULES
F2SCHEDULE 9 SUPPLEMENTARY PROVISIONS ABOUT DEEMED DISPOSALS UNDER SECTION 45
Annotations:
Amendments (Textual)
Deemed disposals in cases involving the grant of a lease for a premium
17
Where an interest in land is under subsection (1) of the principal section or paragraph 2(3) of this Schedule deemed to have been disposed of on a particular date and on that date there was a part disposal of that interest in consequence of the grant out of that interest of a lease in respect of which a premium was required under that lease or otherwise under the terms subject to which that lease was granted, that part disposal shall be disregarded for all purposes of [the Capital Gains Tax Act 1979 F1].
Sch. 9 repealed byFinance Act 1985 (c. 54, SIF 63:1), s. 98(6)and Sch. 27 Part Xin relation to disposals of interests in land taking place on or after 19MarchFinance Act 1985 (c. 54, SIF 63:1),but without affecting the construction of 1979 (C) Sch.5 para. 9(5).