# Crossrail Act 2008, Paragraph 22


(1) For the purposes of TCGA 1992 a disposal—
(a) constituted by a relevant transfer, or
(b) to which sub-paragraph (2) applies,
is to be taken to be for a consideration such that no gain or loss accrues to the person making the disposal.
(2) This sub-paragraph applies to a disposal if—
(a) it is made in accordance with provision contained in a transfer scheme by virtue of paragraph 4, 6 or 12 of Schedule 12 to this Act,
(b) the person making the disposal is a taxable public body,
(c) the person to whom the disposal is made is an exempt public body, and
(d) each of those persons is either the transferor or a transferee under the scheme.

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Source: https://www.legislation.gov.uk/ukpga/2008/18/schedule/13/paragraph/22 (the official version)
Page: https://openlegislation.uk/crossrail-act-2008/schedule-13/paragraph-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.