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CG53510 | Securities: debts: general points: satisfied by acquisition of property

From HM Revenue & Customs · Capital Gains Manual

A creditor may accept property rather than cash in satisfaction of the debt. You have to consider a number of linked disposals/acquisitions.

  • The disposal of the property by the debtor, see CG53511.

  • The disposal of the debt by the creditor, see CG53512.

  • The acquisition of the property by the creditor, see CG53513.