Finance Act 2002 (c. 23)

SCHEDULES

SCHEDULE 8 U.K. Chargeable gains: exemptions in case of substantial shareholding

Part 2 U.K. Consequential amendments

Degrouping: time of accrual of chargeable gain or allowable loss U.K.

2 In section 179(4) of the Taxation of Chargeable Gains Act 1992 (c. 12) (deemed sale and reacquisition on company ceasing to be member of group: time when chargeable gain or allowable loss treated as accruing), for “which, apart from this subsection, would accrue" substitute “ accruing ”.