Article 2 New class of assets for the purposes of roll-over relief etc

(1)

Section 155 of the Taxation of Chargeable Gains Act 1992^f1 (relevant classes of assets for the purposes of roll-over relief) is amended as follows.

(2)

After Class 7 insert—

“CLASS 7A

Payment entitlements under the single payment scheme (that is, the scheme of income support for farmers in pursuance of Title III of Council Regulation (EC) No. 1782/2003).”.

Annotations

Footnotes

f1: Section 155 was amended by section 86(1) of the Finance Act 1993, by article 3 of S.I. 1999/564 and by section 84(1) of the Finance Act 1999 (c. 16).