[CG16882] Rebasing to 31/3/82: no gain/loss disposals: examples
A Ltd acquired an asset in 1979.
In 1983 A Ltd transferred it to B Ltd, a subsidiary of A Ltd, under ICTA70/S273 (now TCGA92/S171).
In 1985, B Ltd's business was transferred to C Ltd in the course of a scheme of reconstruction, and the asset passed to C Ltd under ICTA70/S267 (now TCGA92/S139).
C Ltd sold the asset in July 2012.
As both ICTA70/S267 and ICTA70/S273 are specified in TCGA92/SCH3/PARA1, and as there were no other disposals of the asset between 31 March 1982 and July 2012, C Ltd is treated as having held the asset on 31 March 1982 for the purposes of rebasing (and indexation if beneficial).