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Legislation
Taxation of Chargeable Gains Act 1992

Crossheading Transactions within groups

  • Section 171 Transfers within a group: general provisions.
  • Section 171A Election to reallocate gain or loss to another member of the group
  • Section 171B Election under section 171A: effect
  • Section 171C Elections under section 171A: insurance companies
  • Section 172 Transfer of United Kingdom branch or agency.
  • Section 173 Transfers within a group: trading stock.
  • Section 174 Disposal or acquisition outside a group.
  • Section 175 Replacement of business assets by members of a group.
  1. Transactions within groups
  2. Disposal or acquisition outside a group.

Section 174 | Disposal or acquisition outside a group.

From legislation.gov.uk

(1)RepealedF1

(2)RepealedF1

(3)RepealedF1

(4)Schedule 2 shall apply in relation to a disposal of an asset by a company which is or has been a member of a group of companies, and which acquired the asset from another member of the group in a transfer to which section 171(1) applied, as if all members of the group for the time being were the same person, and as if the acquisition or provision of the asset by the group, so taken as a single person, had been the acquisition or provision of it by the member disposing of it.F2

(5)RepealedF3

Notes

  1. F1

    S. 174(1)-(3) repealed (with effect in accordance with Sch. 40 Pt. II(12) Note 6 of the amending Act) by Finance Act 2000 (c. 17), Sch. 40 Pt. II(12) (with Sch. 29 para. 46(5))

  2. F2

    Words in s. 174(4) substituted (with effect in accordance with Sch. 29 para. 13(4) of the amending Act) by Finance Act 2000 (c. 17), Sch. 29 para. 13(2) (with Sch. 29 paras. 13(5), 46(5))

  3. F3

    S. 174(5) repealed (with effect in accordance with Sch. 29 para. 13(4), Sch. 40 Pt. II(12) Note 6 of the amending Act) by Finance Act 2000 (c. 17), Sch. 29 para. 13(3), Sch. 40 Pt. II(12) (with Sch. 29 paras. 13(5), 46(5))

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