{
  "url": "https://openlegislation.uk/greater-london-authority-act-1999/schedule-33/paragraph-8",
  "json_url": "https://openlegislation.uk/greater-london-authority-act-1999/schedule-33/paragraph-8.json",
  "legislation": "ukpga/1999/29",
  "legislation_title": "Greater London Authority Act 1999",
  "legislation_url": "https://openlegislation.uk/greater-london-authority-act-1999",
  "path": "schedule/33/paragraph/8",
  "kind": "paragraph",
  "number": "8",
  "heading": null,
  "text": "For the purposes of the Taxation of Chargeable Gains Act 1992, where pursuant to a PPP agreement there is a transfer of shares of a PPP company—\n(a) from London Regional Transport or any of its subsidiaries,\n(b) to a private sector company,\nthe transfer shall be deemed, in relation to the private sector company as well as the transferor, to be for a consideration such that neither a gain nor a loss accrues to the transferor.",
  "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/1999/29/schedule/33/paragraph/8",
    "retrieved_at": "2026-10-29T09:21:45.840103+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."
}