CG78403 - Currency: assessment of deferred gains

TCGA92/S279 (2)

In a case where a claim under Section 279 is accepted the deferred gain is assessed in the year, or years, in which the conditions in CG78401 cease to be satisfied (in respect of the whole gain or any part of it not assessed).

For the amount to be assessed see CG78405, and for the treatment of currency derived from the disposal see CG78406.