272 Valuation: general
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

Part VIII Supplemental

272  Valuation: general

(1)     In this Act “market value” in relation to any assets means the price which those assets might reasonably be expected to fetch on a sale in the open market.

(2)     In estimating the market value of any assets no reduction shall be made in the estimate on account of the estimate being made on

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