[151BA CITR: identification of securities or shares on a disposal]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[151BA  CITR: identification of securities or shares on a disposal]

[(1)     This section applies for the purpose of identifying the securities or shares disposed of in any case where—

(a)     an individual or company (“the investor”) disposes of part of a holding of securities or shares (“the holding”), and

(b)     the holding includes securities or shares to which CITR is attributable in respect of one or more years of assessment or accounting periods that have been held by the investor continuously from the time they were issued until the disposal.

(2)     Any disposal by the investor of securities or shares included in the holding which have been acquired by the investor on different days is treated as relating to those acquired on an earlier day rather than to those acquired on a later day.

(3)     If there is a disposal by the investor of securities or shares included in

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