As noted in C2.110 a possible method of avoiding the market value rule for connected persons would be to place restrictions or rights over the asset being sold and thereby reduce its value. To prevent this type of planning the market value rule is modified in circumstances where there is a right or restriction on the asset which is enforceable by the person making the disposal or by a person connected with them1. It should be noted that the following rules do not apply to rights or restrictions such as foreclosure under a mortgage or other charge, nor to forfeiture or other rights exercisable on breach of covenant of a lease whether of land
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