[441 Amount of gain realised on occurrence of chargeable event]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[441  Amount of gain realised on occurrence of chargeable event]

[(1)     This section applies for the purposes of section 440 (amount of charge on occurrence of chargeable event).

(2)     The amount of the gain realised on the occurrence of an event that is a chargeable event by virtue of section 439(3)(a) (conversion) is—

CMVCS – (CMVERS + CC)

(3)     The amount of the gain realised on the occurrence of an event that is a chargeable event by virtue of section 439(3)(b) (disposal) is—

DC – CMVERS

(4)     The amount of the gain realised on the occurrence of an event that is a chargeable

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