# Finance Act 1974, Paragraph 24


No part of any chargeable gain which under section 29 of the Finance Act 1970 ( taxation of mineral royalties) is treated as accruing to a person entitled to receive such royalties under a mineral lease or agreement shall be a development gain.

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Source: https://www.legislation.gov.uk/ukpga/1974/30/schedule/3/paragraph/24 (the official version)
Page: https://openlegislation.uk/finance-act-1974/schedule-3/paragraph-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.