CTM76830 - Exchange differences: matching: company reorganisations: election continues

Regulation 10(6) SI1994/3227 applies where on a reorganisation of share capital the CGT rules disregard the disposal of the original shares and treat the new holding as the same asset. In these circumstances, if the original shares were the subject of a matching election, and all or part of the new holding is eligible to be matched, the original election will apply to the new holding, or part of it, as it applied to the original shares.