{
  "url": "https://openlegislation.uk/finance-act-2025/schedule-5/paragraph-19",
  "json_url": "https://openlegislation.uk/finance-act-2025/schedule-5/paragraph-19.json",
  "legislation": "ukpga/2025/8",
  "legislation_title": "Finance Act 2025",
  "legislation_url": "https://openlegislation.uk/finance-act-2025",
  "path": "schedule/5/paragraph/19",
  "kind": "paragraph",
  "number": "19",
  "heading": "Business asset disposal relief: disposals relating to pre-commencement businesses",
  "text": "The amendments made by this Schedule do not have effect in relation to a disposal made on or after 6 April 2025 if it is—\n(a) a disposal of business assets within section 169I(2)(b) of TCGA 1992 (assets used for purposes of business) where the date on which the business ceases to be carried on is before 6 April 2025;\n(b) a disposal of business assets within section 169I(2)(c) of TCGA 1992 (shares in or securities of a company) where—\n(i) the disposal is a material disposal by virtue of condition B in section 169I(7) of that Act or condition D in section 169I(7B) of that Act, and\n(ii) the period of 2 years mentioned in condition B or condition D (as the case may be) ends before 6 April 2025;\n(c) a disposal of trust business assets within section 169J(1) of TCGA 1992 where the settlement business assets are—\n(i) assets consisting of (or of interests in) shares in or securities of a company in relation to which the period of 2 years mentioned in section 169J(4) of that Act ends before 6 April 2025, or\n(ii) assets (or interests in assets) used or previously used for the purposes of a business in relation to which the period of 2 years mentioned in section 169J(5) of that Act ends before 6 April 2025;\n(d) a disposal associated with a relevant material disposal within section 169K(1) of TCGA 1992, where the date of the material disposal of business assets with which the disposal is associated is before 6 April 2025.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/8/schedule/5/paragraph/19",
    "retrieved_at": "2026-10-29T08:47:01.939707+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "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."
}