# Finance Act 1974, Paragraph 1


For the purposes mentioned in subsection (3) of section 32 of the Finance Act 1971 (income tax charged at basic and other rates) a development gain accruing to an individual shall not be investment income.

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Source: https://www.legislation.gov.uk/ukpga/1974/30/schedule/7/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-1974/schedule-7/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.