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