# Budget Responsibility and National Audit Act 2011, Paragraph 4


For the purposes of the Taxation of Chargeable Gains Act 1992 a disposal constituted by virtue of a transfer by paragraph 1(3) is to be taken (in relation to both the Comptroller and Auditor General and NAO) to be for a consideration such that no gain or loss accrues to the Comptroller and Auditor General.

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Source: https://www.legislation.gov.uk/ukpga/2011/4/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/budget-responsibility-and-national-audit-act-2011/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.