Taxation of Chargeable Gains Act 1992 Schedule 3 paragraph 5

Assets derived from other assets

Schedule 3 paragraph 5 ensures that the 31 March 1982 rebasing rules can apply to an asset even if it was not itself held on that date, provided its value is derived from another asset that was held on that date.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.