152DCapital gains regarded as subject to tax

#### 152D Capital gains regarded as subject to tax (1) In this regulation: > capital gains means gains or profits or other amounts of a capital nature. > roll‑over relief, in relation to a particular tax accounting period in relation to a listed country, means the deferral of tax liability in the tax accounting period under a tax law of the listed country because of a circumstance specified in regulation 152E. (2) For section 324 of the Act, if: (a) capital gains that are derived by an entity are not subject to tax in a listed country in a particular tax accounting period; and (b) apart from the availability of roll‑over relief, the capital gains would have been subject to tax in the listed country in the tax accounting period; the capital gains are to be treated as if they were subject to tax in the listed country in the tax accounting period.