SCHEDULES
SCHEDULE 4 Deferred charges on gains before 31st March 1982
Charges rolled-over or held-over
3
(1)
This paragraph applies where this Schedule would have applied on a disposal but for paragraph 2(4) above.
(2)
This Schedule applies on the disposal if paragraph 4 below would have applied had—
(a)
section 154(2) continued to apply to the gain carried forward as a result of the claim by virtue of section 154(4), and
(b)
the time of the disposal been the time when that gain was treated as accruing by virtue of section 154(2).