# Finance Act 1996, Section 176: Retirement relief: age limits. Extent: E+W+S+N.I. (1) In each of sections 163 and 164 of, and paragraph 5 of Schedule 6 to, the Taxation of Chargeable Gains Act 1992 (retirement relief), for β€œthe age of 55”, wherever occurring, there shall be substituted β€œ the age of 50 ”. (2) The amendments made by this section shall apply in relation to disposals on or after 28th November 1995. --- Source: https://www.legislation.gov.uk/ukpga/1996/8/section/176 (the official version) Page: https://openlegislation.uk/finance-act-1996/section-176 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.