# Taxation of Chargeable Gains Act 1992, Paragraph 3


In relation to a disposal of assets consisting of (or of interests in) shares in or securities of a company (“company A”), activities of a joint venture company are to be attributed to a company under subsections (7) and (12) of section 165A only if P—
(a) passes the shareholding test in relation to the joint venture company (see paragraphs 5 to 8), and
(b) passes the voting rights test in relation to the joint venture company (see paragraphs 9 to 12).

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/7ZA/paragraph/3 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-7ZA/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.