Part 12Accrued income profits
Chapter 2Accrued income profits and losses
Relief where transfer proceeds unremittable
670Withdrawal of relief
(1)
This section applies if—
(a)
a claim under section 668(2) or 669(2) has been made in relation to profits, and
(b)
the proceeds of the transfers cease to be unremittable.
(2)
The claimant is treated as making accrued income profits of an amount equal to the reduction under that section.
(3)
If the claimant has died, the claimant's personal representatives are so treated.