# Finance (No. 2) Act 1992, Section 46: Transfer of a trade: supplementary (1).

Extent: E+W+S+N.I.

(1) The Taxation of Chargeable Gains Act 1992 shall have effect, and be deemed always to have had effect, with the following amendments.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) In section 116(11) (qualifying corporate bonds) after “139," there shall be inserted “ 140A, ”.
(4) In section 140 (transfer of assets to non-resident company) the following subsection shall be inserted after subsection (6)—
“(6A) No claim may be made under this section as regards a transfer in relation to which a claim is made under section 140C.”
(5) In section 174 (disposal or acquisition outside a group)—
(a) in subsection (2) after the word “section" (in the first place where it occurs) there shall be inserted “ 140A, ”;
(b) in subsection (3) after “section" there shall be inserted “ 140A, ”.
(6) In section 177(2) (dividend stripping) after “which section" there shall be inserted “ 140A, ”.
(7) In section 184(2) (indexation)—
(a) after the word “section" (in the first place where it occurs) there shall be inserted “ 140A, ”;
(b) for “either" there shall be substituted “ one ”.

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Source: https://www.legislation.gov.uk/ukpga/1992/48/section/46 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-1992/section-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.