248 Provisions supplementary to section 247
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

248  Provisions supplementary to section 247

(1)     Land is excluded from paragraph (c) of subsection (1) of section 247 if—

(a)     it is a dwelling-house or part of a dwelling-house (or an interest in or right over a dwelling-house), and

(b)     by virtue of, or of any claim under, any provision of sections 222 to 226 the whole or any part of a gain accruing on a disposal of it by the landowner at a material time would not be a chargeable gain;

and for the purposes of this subsection “a material

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