Related Commentary  Related HMRC Manuals

91(1)  This section applies if–

(a)chargeable gains are treated under section 87, 87K, 87L or 89(2) as accruing to an individual directly, or indirectly by virtue of the matching (under section 87A) of all or part of a capital payment with the section 1(3) amount for a tax year (“the relevant tax year”),

(b)the individual is charged to tax by virtue of that matching, and

(c)the capital payment was made more than one year after the end of the relevant tax year.

91(1A)  Where part of a capital payment is matched, references in subsections (2) and (3) to the capital payment are to the part matched.

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