{
  "url": "https://openlegislation.uk/localism-act-2011/schedule-24/paragraph-6",
  "json_url": "https://openlegislation.uk/localism-act-2011/schedule-24/paragraph-6.json",
  "legislation": "ukpga/2011/20",
  "legislation_title": "Localism Act 2011",
  "legislation_url": "https://openlegislation.uk/localism-act-2011",
  "path": "schedule/24/paragraph/6",
  "kind": "paragraph",
  "number": "6",
  "heading": null,
  "text": "(1) For the purposes of the Taxation of Chargeable Gains Act 1992, a disposal constituted by a transfer within sub-paragraph (2) is to be treated in relation to the transferor and transferee as made for a consideration such that no gain or loss accrues to the transferor.\n(2) A transfer is within this sub-paragraph if—\n(a) it is a transfer in accordance with a transfer scheme under section 190 of property, rights or liabilities of the Homes and Communities Agency and the transferee is a public body, or\n(b) it is in accordance with a transfer scheme under section 191 and the transferee is a public body.\n(3) In section 288(3A) of the Taxation of Chargeable Gains Act 1992 (meaning of the “no gain/no loss provisions”) at the end insert—\n“(m) paragraph 6(1) of Schedule 24 to the Localism Act 2011.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 24 in force for specified purposes at Royal Assent see s. 240(5)(o)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 24 para. 6 in force at 30.3.2012 for E.W. by S.I. 2012/628, art. 3(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2011/20/schedule/24/paragraph/6",
    "retrieved_at": "2026-10-29T09:09:15.217969+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."
}