249 Grants for giving up agricultural land.U.K.
For the purposes of capital gains tax, a sum payable to an individual by virtue of a scheme under section 27 of the M1Agriculture Act 1967 (grants for relinquishing occupation of uncommercial agricultural units) shall not be treated as part of the consideration obtained by him for, or otherwise as accruing to him on, the disposal of any asset.
Marginal Citations