[138ZB Treatment of securities connected with such exchanges]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[138ZB  Treatment of securities connected with such exchanges]

[(1)     Where this section applies (see section 138ZA), a security falling within subsection (2) is to be treated for the purposes of this Act as situated in the United Kingdom (whether or not it would otherwise be so treated) if—

(a)     it is held by P, other than as a result of a disposal of the security by P's spouse or civil partner (“S”) to P to which section 58 (no loss or gain on disposals between spouses or civil partners) did not apply, or

(b)     is held by S, other than as a result of a disposal of the security by P to S to which that section did not apply.

(2)

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