HC Deb 10 May 2000 vol 349 c959

9. For the purposes of the 1992 Act a disposal—

  1. (a) constituted by a relevant transfer, or
  2. (b) by virtue of provision made under paragraph 4 of Schedule 18,
is to be taken (in relation to the person to whom the disposal is made as well as the person making the disposal) to be for a consideration such that no gain or loss accrues to the person making the disposal.