CGT Holdover Relief - Donee with a change of heart

[DuncanCameron (Duncan)]

See this thread

Revoking hold-over relief claim

Section 226A(6) TCGA 1992 says: “If a claim for relief under section 260 in respect of an earlier disposal is revoked, this section shall apply as if the claim had never been made”. Can anyone point me to the law on the procedure for revoking a claim e.g in TMA 1970 or any guidance e.g Capital Gains and Self-Assessment ClaimsManual. Has anyone been involved with one? Possibly it just fits into s42 e.g is it a “supplementary claim” (non-legislative term) within s42(9) (SACM3040)? The point is im…