OpenLegislation

Paragraph 77

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

For the purposes of this Schedule “deferral relief” is attributable to any shares if—

(a)

expenditure on the shares has been set under paragraph 76 against the whole or part of any gain, and

(b)

there has been no chargeable event for the purposes of this Part in relation to the shares.