Land: small part-disposals: rebasing rules applied on later disposal
If TCGA92/S244 has applied on an earlier disposal, and
- the land in question was acquired before 1 April 1982;
- the `small’ part-disposal occurred between 1 April 1982 and 5 April 1988; and
- there is a later disposal or part-disposal of the land after 5 April 1988
special rules apply to determine the allowable expenditure to be set against the later disposal, see CG16960+.