»Ê¹ÚÌåÓýapp

As a general rule, it does not matter whether or not

• the operations (IHTM14826) are effected by the same person or
• they are effected simultaneously.

»Ê¹ÚÌåÓýappre are two exceptions from this general rule. »Ê¹ÚÌåÓýappse exceptions are set out in IHTA84/268(2). »Ê¹ÚÌåÓýapp exceptions are that

• the granting of a lease for full consideration in money or money’s worth cannot be associated with an operation which occurs more than three years later.
• an operation effected before 27 March 1974 cannot be associated with one which occurs on or after that date.