4U.K.For the purposes of the Taxation of Chargeable Gains Act 1992 a disposal constituted by virtue of a transfer by paragraph 1(3) is to be taken (in relation to both the Comptroller and Auditor General and NAO) to be for a consideration such that no gain or loss accrues to the Comptroller and Auditor General.
Commencement Information
I1Sch. 4 para. 4 in force at 1.4.2012 by S.I. 2011/2576, art. 5