{
  "url": "https://openlegislation.uk/finance-act-1999/section-103",
  "json_url": "https://openlegislation.uk/finance-act-1999/section-103.json",
  "legislation": "ukpga/1999/16",
  "legislation_title": "Finance Act 1999",
  "legislation_url": "https://openlegislation.uk/finance-act-1999",
  "path": "section/103",
  "kind": "section",
  "number": "103",
  "heading": "Business assets: roll-over relief.",
  "text": "(1) Section 193 of the Taxation of Chargeable Gains Act 1992 (roll-over relief not available for gains on oil licences) shall cease to have effect.\n(2) This section has effect in relation to—\n(a) a disposal of a licence or an interest in a licence which occurs on or after 1st July 1999;\n(b) an acquisition of a licence or an interest in a licence which occurs on or after 1st July 1999.",
  "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/1999/16/section/103",
    "retrieved_at": "2026-10-29T09:21:57.430446+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."
  }
}