[16A Restrictions on allowable losses]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[16A  Restrictions on allowable losses]

[(1)     For the purposes of this Act, “allowable loss” does not include a loss accruing to a person if—

(a)     it accrues to the person directly or indirectly in consequence of, or otherwise in connection with, any arrangements, and

(b)     the main

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