Section 44

(1) Where a single bargain comprises two or more transactions Bargains
whereby assets are disposed of, those transactions shall be treated for the comprising
two or more
purposes of computing chargeable gains as a single disposal.
transactions
(2) Where separate considerations are agreed or purported to be agreed
for any two or more transactions comprised in one bargain, whether transactions
whereby assets are disposed of or not, those considerations shall be treated as
altogether constituting an entire consideration for the transactions and shall be
apportionable between them.
(3) Where an apportionment under this section results in less considera-
tion being attributed to the chargeable asset than that agreed or purported to
be agreed, in the bargain, the separate considerations shall be the consideration
for which those assets are disposed of.
A 422 2025 No. 7 Nigeria Tax Act, 2025