{
  "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-248D",
  "json_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-248D.json",
  "legislation": "ukpga/1992/12",
  "legislation_title": "Taxation of Chargeable Gains Act 1992",
  "legislation_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992",
  "path": "section/248D",
  "kind": "section",
  "number": "248D",
  "heading": "Milk quotas",
  "text": "(1) This section applies where—\n(a) section 248B applies to a holding (or holdings) of land, and\n(b) milk quota is associated with the holding in which the relinquished interest is held and with the holding in which the acquired interest is held.\n(2) Section 248B(1), (2) and (4) apply—\n(a) to the disposal of quota associated with the holding in which the relinquished interest is held as they apply to the disposal of that interest, and\n(b) to the acquisition of quota associated with the holding in which the acquired interest is held as they apply to the acquisition of that interest.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 248A-248E and cross-heading inserted (with effect in accordance with art. 8(2) of the amending S.I.) by The Enactment of Extra-Statutory Concessions Order 2010 (S.I. 2010/157), arts. 1, 8(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/12/section/248D",
    "retrieved_at": "2026-10-29T09:36:15.270072+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."
}