[97C Value of benefit conferred by capital payment made by way of making land available]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[97C  Value of benefit conferred by capital payment made by way of making land available]

[(1)     For the purposes of section 97(4), the value of the benefit conferred by a capital payment consisting of making land available for the use of a person (P) is, for each tax year in which the benefit is conferred on P, the amount by which—

(a)     the rental value of the land for the period of the tax year during which the land is made available to P, exceeds

(b)     the total of the amounts

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