Section 763 | Disregard of deemed realisations and reacquisitions

(1)This Chapter does not apply in relation to a realisation of an asset that does not actually occur but is treated as occurring, except as provided by—

(a)section 791 (application of roll-over relief in relation to degrouping charge), or

(b)section 794 (application of roll-over relief in relation to reallocated charge).

(2)Reacquisitions that do not actually occur but are treated as occurring are ignored for the purposes of this Chapter.