# Taxation of Chargeable Gains Act 1992, Paragraph 13


(1) In this Schedule any reference to an asset includes money expressed in sterling.
References to the value or market value of such an asset are to its amount.
(2) Subject to sub-paragraph (3), references in this Schedule to the transfer of an asset include anything that is or is treated as a disposal of the asset for the purposes of this Act, or would be if sub-paragraph (1) above applied generally for the purposes of this Act.
(3) References in this Schedule to a transfer of an asset do not include a transfer of an asset that is created by the part disposal of another asset.

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/4B/paragraph/13 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-4B/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.