Taxation of Chargeable Gains Act 1992 section 182

Disposals of debts

Section 182 dealt with the capital gains tax treatment of disposals of debts, but has been fully repealed and is no longer in force.

• Section 182 originally provided rules for the tax treatment of disposals of debts for chargeable gains purposes.
• The section was repealed by the Finance Act 1994 under section 93(7) and Schedule 26, Part V(8).
• The repeal applies to all disposals of debts made on or after 30 November 1993.
• Any disposal of a debt made before 30 November 1993 would have been governed by the original provisions, but for all subsequent transactions, this section has no effect.

---