Sometimes a gain on disposal of an asset (the first asset) is ‘held over’ and not charged until another asset is disposed of. Where this happens under one of the provisions listed below then the gains which eventually accrue when the other asset is disposed of are not excluded from the scope of TCGA92/S10A by subsection (3) of that section, where subsection (3) would otherwise apply because the other asset was within its scope (see CG26230 and CG26240). Note that for subsection (3) to be disapplied in this way, the first asset must not be within its scope.

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