{
  "url": "https://openlegislation.uk/finance-act-1978/schedule-13/part-IV",
  "json_url": "https://openlegislation.uk/finance-act-1978/schedule-13/part-IV.json",
  "legislation": "ukpga/1978/42",
  "legislation_title": "Finance Act 1978",
  "legislation_url": "https://openlegislation.uk/finance-act-1978",
  "path": "schedule/13/part/IV",
  "kind": "part",
  "number": "IV",
  "heading": "Capital Gains",
  "text": "Chapter\nShort title\nExtent of repeal\n1965 c. 25.\nThe Finance Act 1965.\nIn section 20(3), the words “Subject, in the case of an individual, to the next following section”.\nSection 21.\nIn Schedule 10, in paragraph 13 the words “section 21 of this Act or”.\n1966 c. 18.\nThe Finance Act 1966.\nIn Schedule 10, paragraph 2(3).\n1970 c. 10.\nThe Income and Corporation Taxes Act 1970.\nSection 265(3)(b).\nIn Schedule 15, in paragraph 11, in Part 11 of the Table the entry relating to section 21(2) of the Finance Act 1965.\n1971 c. 68.\nThe Finance Act 1971.\nSection 57.\nSchedule 11.\n1972 c. 41.\nThe Finance Act 1972.\nIn section 112(3)(c), the words “(or would have been chargeable apart from section 21 of the Finance Act 1965)”.\nIn section 119(2)(a), the words “but not for the purposes of section 57 of the Finance Act 1971 (exemption or relief for small disposals)”.\n1974 c. 30.\nThe Finance Act 1974.\nSection 34.\n1975 c. 45.\nThe Finance (No. 2) Act 1975.\nSection 55.\n1976 c. 40.\nThe Finance Act 1976.\nSection 51.\nSection 52(2) and (4).\nIn section 56(2)(a), the words “(but not for the purposes of section 57 of the Finance Act 1971)”.\n1977 c. 36.\nThe Finance Act 1977.\nSection 44.\n1. The repeals in the Finance Act 1971, in section 119(2)(a) of the Finance Act 1972 and in the Finance Act 1976 (except section 52(2)) and the repeal of section 44(2) of the Finance Act 1977 have effect for the year 1977-78 and subsequent years of assessment.\n2. The repeals in the Finance Act 1966, the Finance Act 1974 and the Finance (No. 2) Act 1975 have effect in relation to disposals after 11th April 1978.\n3. The repeal of section 44(1) of the Finance Act 1977 does not affect gains accruing on disposals before 6th April 1979.\n4. The other repeals mentioned above have effect for the year 1978-79 and subsequent years of assessment.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1978/42/schedule/13/part/IV",
    "retrieved_at": "2026-10-29T10:21:44.797563+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}