159 Non-residents: roll-over relief
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

159  Non-residents: roll-over relief

(1)     Section 152 shall not apply in the case of a person if the old assets are chargeable assets in relation to him at the time they are disposed of, unless the new assets are chargeable assets in relation to him immediately after the time they are acquired.

(2)     Subsection (1) above shall not apply where—

(a)     the person acquires the new assets after he has disposed of the old assets, and

(b)     immediately after the time they are acquired the person is resident . . . in the United Kingdom.

(3)     Subsection (2) above shall

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