[87J Relevant parts of payment from which onward gift derived]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[87J  Relevant parts of payment from which onward gift derived]

[(1)     Where this section applies (see section 87I), for the purposes of section 87K treat the original payment as divided into slices as follows—

(a)     a slice consisting of the taxed part (if any) of each matched amount (if any),

(b)     a slice (“U”) consisting of the untaxed part (if any) of each matched amount (if any), and

(c)     a slice (“R”) consisting of the rest (if any) of the original payment.

(2)     For the purposes of this section, if all or part of the original payment is, in a tax year (“the matching

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