# Capital Gains Tax Act 1979 (repealed 6.3.1992), Paragraph 7

Extent: E+W+S+N.I.

If under section 34(2) and (3) of the Taxes Act 1988 income tax is chargeable on any amount, as being a premium the payment of which is deemed to be required by the lease, the person so chargeable shall be treated for the purposes of the computation of any gain accruing to him as having incurred at the time the lease was granted expenditure of that amount (in addition to any other expenditure) attributable to the asset under section 32(1)(b) of this Act.

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Source: https://www.legislation.gov.uk/ukpga/1979/14/schedule/3/paragraph/7 (the official version)
Page: https://openlegislation.uk/capital-gains-tax-act-1979-repealed-631992/schedule-3/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.