Taxation of Chargeable Gains Act 1992

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Taxation of Chargeable Gains Act 1992

Changes over time for: Section 219

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Point in time view as at 06/04/2023.

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Taxation of Chargeable Gains Act 1992, Section 219 is up to date with all changes known to be in force on or before 08 January 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

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[F2219[F1Disposals by housing related bodies.]U.K.

(1)In any case where—

(a)[F3a housing regulator] [F4or the Homes and Communities Agency] disposes of any land to a [F5relevant housing provider], or

(b)a [F5relevant housing provider] disposes of any land to another [F5relevant housing provider], or

(c)in pursuance of a direction of [F6a housing regulator] given under [F7section 167 of the Housing and Regeneration Act 2008[F8, section 106 of the Housing (Scotland) Act 2010],] Part I of the Housing Act 1996 or Part I of the Housing Associations Act 1985 (as the case may be) requiring it to do so, a [F5relevant housing provider] disposes of any of its property, other than land, to another [F5relevant housing provider], or

(d)a [F5relevant housing provider] or an unregistered self-build society disposes of any land to [F9a housing regulator][F10, the Homes and Communities Agency or the Greater London Authority],

both parties to the disposal shall be treated for the purposes of tax on chargeable gains as if the land or property disposed of were acquired from [F11the housing regulator][F12, the Homes and Communities Agency], [F5relevant housing provider] or unregistered self-build society making the disposal for a consideration of such an amount as would secure that on the disposal neither a gain nor a loss accrued to [F11the housing regulator][F13, the Homes and Communities Agency] or, as the case may be, that [F5relevant housing provider] or society.

(2)In this section—

[F14“housing regulator” means the Regulator of Social Housing][F15, the Scottish Housing Regulator], [F16the Secretary of State] or Scottish Homes;
[F17“relevant housing provider” means—
(a)
a non-profit registered provider of social housing,
(b)
a registered social landlord within the meaning of Part 1 of the Housing Act 1996, or
(c)
a body registered in the register maintained under [F18section 20(1) of the Housing (Scotland) Act 2010].]
“unregistered self-build society” has the same meaning as in the Housing Associations Act 1985.]