Taxation of Chargeable Gains Act 1992 section 33

Provisions supplementary to sections 30 to 32

Section 33 previously provided supplementary rules supporting the value shifting provisions in sections 30 to 32, but has been effectively removed from the legislation and replaced as part of a simplified framework.

• Section 33 contained supplementary provisions that supported the operation of the value shifting rules in sections 30 to 32 of TCGA 1992.
• Finance Act 2011 (section 44 and Schedule 9, paragraph 2) effectively removed this section by replacing former sections 31 to 34 with a single new section 31.
• The changes apply to disposals of shares or securities made by companies on or after 19 July 2011.
• For any disposals of shares or securities by companies before 19 July 2011, the former provisions of section 33 would still be relevant.