This section has no associated Explanatory Notes
142U.K.In section 514 (chargeable events where transaction-related calculations show gains), after subsection (4) insert—
“(4A)Subsection (3)(b) includes a case where a person would be liable to tax on the gain under section 465B for the tax year in which the transaction occurs (because the transaction occurs in the year of return, as defined in that section).”