Statute
Section 248D — Taxation of Chargeable Gains Act 1992: Milk quotas
Text of the provision Official document
Milk quotas 248D 1 This section applies where—
a section 248B applies to a holding (or holdings) of land, and b milk quota is associated with the holding in which the relinquished interest is held and with the holding in which the acquired interest is held.
2 Section 248B(1), (2) and (4) apply—
a to the disposal of quota associated with the holding in which the relinquished interest is held as they apply to the disposal of that interest, and b to the acquisition of quota associated with the holding in which the acquired interest is held as they apply to the acquisition of that interest.
Official source: legislation.gov.uk
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from UK courts and tribunals with a plain-English summary and legal holding.
Explore case law →