[257TA Identification of investments on a disposal]
Income Tax Act 2007 (2007 c 3) | Legislation

[257TA  Identification of investments on a disposal]

[(1)     The rules in subsections (2) and (3) are for determining which investments of any class are treated as disposed of for the purposes of—

(a)     section 257R (disposal of the investment), or

(b)     section 257T (spouses or civil partners),

if the investor disposes of some but not all of the investments of that class which the investor holds in the social enterprise.

(2)     Investments made on an earlier day are treated as disposed of before investments made

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