Related Commentary  

255B(1)  For the purpose of determining the gain or loss on any disposal of an asset by an individual where–

(a)an amount of SI relief is attributable to the asset, and

(b)apart from this subsection there would be a loss,

treat the consideration given by the individual for the acquisition of the asset as reduced by the amount of the SI relief.

255B(2)  If–

(a)an individual disposes of an asset,

(b)an amount of SI relief is attributable to the asset,

(c)the disposal takes place after the end of the 3 years beginning with the day when the individual acquired the asset, and

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