|
|
Assets.
|
7.—(1) All forms of property shall be assets for the purposes of this Act whether situated in the State or not, including—
|
|
| |
(a) options, debts and incorporeal property generally,
|
|
| |
(b) any currency, other than Irish currency and sterling, and
|
|
| |
(c) any form of property created by the person disposing of it, or otherwise becoming owned without being acquired.
|
|
| |
(2) If under this Act an asset is not a chargeable asset, then, no chargeable gain or allowable loss shall accrue on its disposal.
|
