[99B Calculation of the disposal cost of accumulation units]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[99B  Calculation of the disposal cost of accumulation units]

[(1)     For the purposes of computing the gain accruing on a disposal by a unit holder of units in a unit trust scheme and for the purposes of all other provisions of this Act, an amount shall be treated as expenditure falling within section 38(1)(b) if—

(a)     it represents income from the investments subject to the unit trust scheme,

(b)     it has been reinvested in respect

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