[809VL Effect of taking appropriate mitigation steps within grace period]
Income Tax Act 2007 (2007 c 3) | Legislation

[809VL  Effect of taking appropriate mitigation steps within grace period]

[(1)     This section explains the effect for the purposes of this Chapter in cases where section 809VG(2) does not apply because the appropriate mitigation steps were taken within the grace period allowed for each step.

(2)     If disposal proceeds were taken offshore as part of those steps, nothing in section 809VA(2) prevents anything subsequently done in relation to those proceeds (or anything deriving from them) from counting as a remittance of the underlying income or gains to the United Kingdom at the time when the thing is subsequently done.

(3)

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