FA93/SCH20A/PARA4 applies to net chargeable gains on ATF assets (part of Funds at Lloyd's (FAL) – see LLM1200). The basic requirements for relief to be available are

as with relief under paragraph 3, relief in respect of the net chargeable gains accruing on the disposal of ATF assets must be claimed

in order to make a claim, the Name must have claimed roll-over relief under paragraph 3 on the syndicate capacity disposal (except where it was not possible to make such a claim because either there were no net chargeable gains to roll over, or the syndicate capacity disposal was made before 6 April 2004)

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