{
  "url": "https://openlegislation.uk/finance-act-1998/section-139",
  "json_url": "https://openlegislation.uk/finance-act-1998/section-139.json",
  "legislation": "ukpga/1998/36",
  "legislation_title": "Finance Act 1998",
  "legislation_url": "https://openlegislation.uk/finance-act-1998",
  "path": "section/139",
  "kind": "section",
  "number": "139",
  "heading": "De-grouping charges.",
  "text": "(1) In section 179(2B) of the Taxation of Chargeable Gains Act 1992 (cases where there is a connection between groups successively left by a company)—\n(a) in paragraph (b), for the words from “company which\" to “its\" there shall be substituted “ person or persons who control the company mentioned in paragraph (a) above or who have had it under their ”;\n(b) in paragraph (c), for the words from “company which has\" to “its\" there shall be substituted “ person or persons who have, at any time in that period, had under their ”; and\n(c) in that paragraph, for “fallen\", wherever it occurs, there shall be substituted “ been a person falling ”.\n(2) Subsection (1) above has effect in relation to a company in any case in which the time of the company’s ceasing to be a member of the second group is on or after 17th March 1998.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "1992 c. 12."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1998/36/section/139",
    "retrieved_at": "2026-10-29T09:22:30.566925+00:00",
    "licence": "OGL-UK-3.0",
    "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."
  }
}