xmlns:atom="http://www.w3.org/2005/Atom"

PART IIIncome Tax, Corporation Tax and Capital Gains Tax

CHAPTER IIICapital Gains

60Small part disposals

(1)In section 107 of the Capital Gains Tax Act 1979 (small part disposals) in subsection (1) for the words "is small, as compared with" there shall be substituted "does not exceed one-fifth of.

(2)This section applies to disposals on or after 6th April 1986.