Section 809T | Foreign chargeable gains accruing on disposal made otherwise than for full consideration

(1)This section applies if—

(a)foreign chargeable gains accrue to an individual on the disposal of an asset, and

(b)the individual does not receive consideration for the disposal of an amount at least equal to the market value of the asset.

(2)For the purposes of this Chapter treat the asset as deriving from the chargeable gains.