Related Commentary  Related HMRC Manuals

172F(1)  Section 172D or 172E does not apply if the relevant consideration–

(a)falls to be adjusted for tax purposes under Part 4 of TIOPA 2010, or

(b)falls within that Part without falling to be so adjusted.

172F(1A)  Subsection (1B) applies in relation to a disposal or acquisition if–

(a)by virtue of subsection (1), section 172D or 172E does not apply, and

(b)the market value amount is greater than the Part 4 TIOPA amount.

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