[195B Licence-consideration swap]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[195B  Licence-consideration swap]

[(1)     This section applies to a licence-consideration swap.

(2)     Each company participating in the swap is to be treated as follows.

(3)     As regards the licence, or each licence, which the company disposes of, the company is to be treated as if it had disposed of that licence for a consideration of such

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