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HMRC internal manual

Capital Gains Manual

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HM Revenue & Customs
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Deferred consideration: shares and securities: option to choose between shares/debentures

TCGA92/S138A (9)

The sale agreement may provide an option to choose between shares in and debentures of a company. TCGA92/S138A (9) provides that the existence of such an option does not make the deferred consideration unascertainable.