Budget Responsibility and National Audit Act 2011 - Explanatory Notes

Taxation of Chargeable Gains Act 1992

235. Paragraph 16 adds paragraph 4 of Schedule 4 (which provides no gain or loss treatment for a transfer from the C&AG to the new NAO) to a list of “no gain/ no loss provisions” in section 288(3A) of the Taxation of Chargeable Gains Act 1992.