# Capital Gains Tax Act 1979 (repealed 6.3.1992), Section 111: Time of disposal and acquisition.

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

Where an interest in land is acquired, otherwise than under a contract, by an authority possessing compulsory purchase powers the time at which the disposal and acquisition is made is the time at which the compensation for the acquisition is agreed or otherwise determined (variations on appeal being disregarded for this purpose) or, if earlier (but after 20th April 1971), the time when the authority enter on the land in pursuance of their powers.

---
Source: https://www.legislation.gov.uk/ukpga/1979/14/section/111 (the official version)
Page: https://openlegislation.uk/capital-gains-tax-act-1979-repealed-631992/section-111
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.