Related Commentary  Related HMRC Manuals

64(1)  In the case of a gain accruing to a person on the disposal of, or of a right or interest in or over, an asset held by another person as trustee, or as a personal representative of a deceased person, to which he became absolutely entitled as legatee or as against the trustee–

(a)any expenditure within section 38(2) incurred by him in relation to the transfer of the asset to him by the personal representative or trustee, and

(b)any such expenditure incurred in relation to the transfer of the asset by the personal representative or trustee,

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