# Taxation of Chargeable Gains Act 1992, Section 246: Time of disposal and acquisition.

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

Where an interest in land is acquired, otherwise than under a contract, by an authority possessing compulsory purchase powers, the time at which the disposal and acquisition is made is the time at which the compensation for the acquisition is agreed or otherwise determined (variations on appeal being disregarded for this purpose) ... .

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Source: https://www.legislation.gov.uk/ukpga/1992/12/section/246 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-246
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.