[248A Roll-over relief on disposal of joint interests in land: conditions]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[Joint interests in land]

[248A  Roll-over relief on disposal of joint interests in land: conditions]

[(1)     Section 248B applies where conditions A to E are met.

(2)     Condition A is that a person (“the landowner”) and one or more other persons jointly hold—

(a)     a holding of land, or

(b)     two or more separate holdings of land.

(3)     Condition B is that the landowner disposes of an interest (“the relinquished interest”) in—

(a)     the holding, or

(b)     one or more of the holdings,

to the co-owner or to one or more of the co-owners.

(4)     Condition C is that the consideration

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