Section 271 | Other Miscellaneous Exemptions | Taxation Of Chargeable Gains Act 1992 C12

271 Other miscellaneous exemptions

Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

271 Other miscellaneous exemptions

(1) The following gains shall not be chargeable gains—

(a) gains accruing on the disposal of stock—

[(i) transferred, in pursuance of any Act of Parliament, to accounts in the books of the Bank of England in the name of the Treasury or the National Debt Commissioners;

(ia) transferred, in pursuance of any Act of Parliament, to the Treasury or the National Debt Commissioners and in respect of which the Treasury or those Commissioners are entered as holder in the registers kept by the Registrar of Government Stock; or]

(ii) belonging to the Crown, in whatever name it may stand in the books of the Bank of England [or in the registers kept by the Registrar of Government Stock];

(b) any gain accruing to a person from his acquisition and disposal of assets held by him as part of [the Fund mentioned in section 613(4) of the Taxes Act (House of Commons Members' Fund)];

[(c) any gain accruing to a person from his acquisition and disposal of assets held by him as part of a fund—

(i) mentioned in section 614(2) of the Taxes Act,

(ii) to which section 615(3) of the Taxes Act applies, or

(iii)