76 Disposal of interests in settled property
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

76  Disposal of interests in settled property

(1)     [Subject to subsection (1A) below] No chargeable gain shall accrue on the disposal of an interest created by or arising under a settlement (including, in particular, an annuity or life interest, and the reversion to an annuity or life interest) by the person for whose benefit the interest was created by the terms of the settlement or by any other person except one who acquired, or derives his title

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