Section 198H: Acquisition by member of same group

Taxation of Chargeable Gains Act 1992 · 1992 c. 12View on legislation.gov.uk

Part VI: Companies, oil, insurance etc. — Chapter II: Oil and mining industries

Section 198A or 198B is to apply where—

the disposal is by a company which, at the time of the disposal, is a member of a group of companies (within the meaning given in section 170),
the acquisition is by another company which, at the time of the acquisition, is a member of the same group, and
the claim under that section is made by both companies,

as if both companies were the same person.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.