CG53240 | Substantial shareholdings exemption: interaction with other legislation - effect of FOREX matching election

TCGA92/SCH7AC/PARA39

Paragraph 39 Schedule 7AC TCGA 1992 prevents a gain or loss from being treated as arising under the FOREX matching regulations (Schedule 15 Finance Act 1993) on a disposal that qualifies for the exemption under Part 1 of Schedule 7AC TCGA 1992.