Section 67 abolishes roll-over relief. This relief allowed for the indefinite deferral of a capital gains tax charge on gains accruing on the disposal of certain assets where the proceeds were reinvested in certain other assets. This change is effective for all disposals from 4 December 2002 onwards. In some cases, the tax has been rolled over on several occasions, and in some cases gains realised over 20 years ago remain untaxed. With a low CGT rate now firmly in place, it is an opportune time to widen the base to ensure all pay tax on their gains when they are realised.