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Legislation
Taxation of Chargeable Gains Act 1992

Crossheading Compulsory acquisition

  • Section 245 Compensation paid on compulsory acquisition.
  • Section 246 Time of disposal and acquisition.
  • Section 247 Roll-over relief on compulsory acquisition.
  • Section 247A Provisional application of section 247.
  • Section 248 Provisions supplementary to section 247.
  1. Compulsory acquisition
  2. Time of disposal and acquisition.

Section 246 | Time of disposal and acquisition.

From legislation.gov.uk

Where an interest in land is acquired, otherwise than under a contract, by an authority possessing compulsory purchase powers, the time at which the disposal and acquisition is made is the time at which the compensation for the acquisition is agreed or otherwise determined (variations on appeal being disregarded for this purpose) ... .F1

Notes

  1. F1

    Words in s. 246 repealed (with effect in accordance with s. 121(8) of the amending Act) by Finance Act 1996 (c. 8), s. 141(4), Sch. 41 Pt. V(6)

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