17 Disposals and acquisitions treated as made at market value
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

17  Disposals and acquisitions treated as made at market value

(1)     Subject to the provisions of this Act, a person's acquisition or disposal of an asset shall for the purposes of this Act be deemed to be for a consideration equal to the market value of the asset—

(a)     where he acquires or, as the case may be, disposes

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