# Taxation of Chargeable Gains Act 1992, Paragraph 7

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

For the purposes of this Schedule a no gain/no loss disposal is one on which by virtue of any of the no gain/no loss provisions neither a gain nor a loss accrues to the person making the disposal.

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/4/paragraph/7 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-4/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.