Taxation of Chargeable Gains Act 1992 section 221

Harbour authorities

Section 221 previously provided capital gains tax provisions relating to harbour authorities, but has been repealed.

  • Section 221 dealt with chargeable gains rules applicable to harbour authorities.
  • The section was repealed by the Finance Act 2012 (Schedule 39, paragraph 15).
  • The repeal applies to any transfer occurring on or after 1 April 2013.
  • The section no longer has any practical effect for current transactions.

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