Consumers, Estate Agents and Redress Act 2007 (c. 17)

SCHEDULES

SCHEDULE 4 U.K. Transfer of property etc to Council

Chargeable gains: asset to be treated as disposed of without a gain or loss U.K.

9 U.K. For the purposes of the Taxation of Chargeable Gains Act 1992 (c. 12), a transfer of an asset by a transfer scheme is to be treated as a disposal of that asset to [F1 Citizens Advice] for a consideration of such amount as would secure that, on the disposal, neither a gain nor a loss accrues to the transferor.

Textual Amendments

F1 Words in Sch. 4 substituted (1.4.2014) by The Public Bodies (Abolition of the National Consumer Council and Transfer of the Office of Fair Trading's Functions in relation to Estate Agents etc) Order 2014 (S.I. 2014/631), art. 1(3), Sch. 1 para. 12(49) (with Sch. 1 para. 28, Sch. 2 paras. 13-15)

Commencement Information

I1 Sch. 4 para. 9 in force at 21.12.2007 by S.I. 2007/3546, art. 3, Sch.