# The Housing and Regeneration Transfer Schemes (Tax Consequences) Regulations 2015, Regulation 6: Chargeable gains: disposal on transfer to be treated as no gain/no loss disposal


(1) For the purposes of TCGA 1992, a disposal constituted by a transfer is to be taken in relation to the transferor and transferee to be for a consideration such that no gain or loss accrues to the transferor.
(2) For the purposes of any provision about a relevant tax, paragraph (1) is to be treated as one of the no gain/no loss provisions in section 288(3A) of that Act (meaning of “the no gain/no loss provisions”).

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Source: https://www.legislation.gov.uk/uksi/2015/1540/regulation/6 (the official version)
Page: https://openlegislation.uk/housing-and-regeneration-transfer-schemes-tax-consequences-regulations-2015/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.