Finance Act 2012

TCGA 1992

This section has no associated Explanatory Notes

34In section 258 of TCGA 1992 (works of art etc), before subsection (2) insert—

(1A)A gain is not a chargeable gain if it accrues on a disposal made in the circumstances described in paragraph 1 of Schedule 14 to the Finance Act 2012 (gifts to the nation).