[F11U.K.The following provisions (which provide for the recovery of tax in respect of chargeable gains from persons other than those primarily liable) that is to say—
(a)[ sections 52(4) and 59 of the Capital Gains Tax Act 1979 F2]; and
(b)sections 266, 277, 278(5) and (6) and 279(4) and (5) of the Taxes Act,
shall apply in relation to development gains and income tax or corporation tax in respect of development gains as they apply in relation to chargeable gains and capital gains tax or corporation tax in respect of chargeable gains.]
Textual Amendments
F1 Sch. 10 repealed by Finance Act 1985 (c. 54, SIF 63:1), s. 98(6)and Sch.27 Part Xin relation to disposals of interests in land taking place on or after 19March Finance Act 1985 (c. 54, SIF 63:1),but without affecting the construction of 1979 (C) Sch.5 para. 9(5).
F2Capital Gains Tax Act 1979 (c. 14, SIF 63:1), s. 157(2)and Sch. 7 para. 9for 1979-80et seq.