[236P Events which trigger deemed disposal and reacquisition by trustees]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[236P  Events which trigger deemed disposal and reacquisition by trustees]

[(1)     Where the trustees of a settlement acquire any ordinary share capital in a tax year in circumstances where section 236H applies, subsection (3) applies on the first occasion, after the end of the tax year following the tax year in which the acquisition occurs, when a disqualifying event occurs in relation to the acquisition.

(2)     A “disqualifying event” occurs in relation

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