The principal gains within the scope of PRR are gains which:
(a)accrue to an individual (though see Chapter 8 as to relief for trustees and personal representatives); and
(b)are attributable to the disposal of, or of an interest in, a qualifying asset (TCGA 1992, s. 222(1)).
A gain is only within the scope of the relief ‘so far as’ it is attributable to a disposal within (b). This raises some interesting possibilities in marital breakdown situations which are discussed at Chapter 10.