[171B Election under section 171A: effect]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[171B  Election under section 171A: effect]

[(1)     This section applies where an election is made under section 171A.

(2)     The effect of the election is that the chargeable gain or allowable loss, or such amount of it as is specified in the election, is treated as accruing not to company A but to company B.

(3)     The gain or loss treated as accruing to company B

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