568 Sales treated as being at market valueU.K.
This section has no associated Explanatory Notes
(1)A sale of property that is not at market value is treated as being at market value if—
(a)the control test is met, or
(b)the tax advantage test is met.
(2)This section is subject to any election under section 569.
Modifications etc. (not altering text)
C1Ss. 567-570 excluded (E.W.S.) (8.6.2005) by Railways Act 2005 (c. 14), s. 60(2), Sch. 10 para. 4(4); S.I. 2005/1444, art. 2(1), Sch. 1
C2Ss. 567-570 excluded (E.W.S.) (24.7.2005) by Railways Act 2005 (c. 14), s. 60(2), Sch. 10 para. 24(4); S.I. 2005/1909, art. 2, Sch.
C3Ss. 567-570 excluded (22.7.2008) by Crossrail Act 2008 (c. 18), Sch. 13 para. 21(6)
C4Ss. 567-570 excluded (22.7.2008) by Crossrail Act 2008 (c. 18), Sch. 13 para. 38(6)