174 Meaning of “trading stock”
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

174  Meaning of “trading stock”

(1)     In this Chapter “trading stock” means—

(a)     any property (whether land or other property) which is sold in the ordinary course of the trade or would be so sold if it were mature or its manufacture, preparation or construction

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