# Finance Act 1989, Section 123: Increase of chattel exemption.

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

(1) In the following enactments, namely—
(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) section 25(7) of that Act (information about assets disposed of),
for “£3,000”, in each place where it occurs, there shall besubstituted “£6,000”.
(2) This section applies to disposals on or after 6th April 1989 andaccordingly, in relation to subsection (1)(b) above, to assets acquired on orafter that date.

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Source: https://www.legislation.gov.uk/ukpga/1989/26/section/123 (the official version)
Page: https://openlegislation.uk/finance-act-1989/section-123
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.