Section 263H — Taxation of Chargeable Gains Act 1992: Sections 263F and 263G: supplementary provisions

Sections 263F and 263G: supplementary provisions 263H 1 Regulations under section 263F or 263G may make different provision for different cases.

2 Regulations under either section may contain incidental, supplemental, consequential and transitional provision and savings.

3 The incidental, supplemental and consequential provision may include—

a in the case of regulations about section 261G, modifications of section 261F, and b in the case of regulations about section 263A ..., modifications of the operation of this Act in relation to cases where, by virtue of the regulations, any acquisition or disposal is excluded from those which are to be ignored for the purposes of capital gains tax.

4 In this section and sections 263F and 263G “ modifications ” includes exceptions and omissions.

5 Accordingly, a power in sections 263F and 263G to provide for a provision to apply with modifications in relation to a particular case includes power to provide for the provision not to apply in relation to that case.