Taxation of Chargeable Gains Act 1992 (c. 12)

SCHEDULES

[F1 SCHEDULE 7AC U.K. Exemptions for disposals by companies with substantial shareholding

Textual Amendments

F1 Sch. 7AC inserted (with effect in accordance with s. 44(3)(4) of the amending Act) by Finance Act 2002 (c. 23), Sch. 8 para. 1

Part 2 U.K. The substantial shareholding requirement

The requirement U.K.

7 U.K. The investing company must have held a substantial shareholding in the company invested in throughout a twelve-month period beginning not more than [F2 six] years before the day on which the disposal takes place.]

Textual Amendments

F2 Word in Sch. 7AC para. 7 substituted (with effect in accordance with s. 27(6) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 27(3)