The Finance Act 1993, Section 86(2), (Single Payment Scheme) Order 2005
This Order further amends section 155 of the Taxation of Chargeable Gains Act 1992 (c. 12) (“the Act”). Section 155 specifies classes of assets which are subject to either roll-over relief under section 152 or 153 of the Act or relief in the case of depreciating assets (commonly known as “hold-over relief”) under section 154 of the Act, in respect of gains accruing on the disposal of those assets (or of the interest in them) when used for the purposes of a trade where certain conditions have been met.