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<h1>Personal Jewellery Transfer Tax Relief: Proportional Capital Gains Exemption for Replacement Within Six Months of Original Sale</h1> The statutory provision addresses capital gains tax exemption for jewellery held for personal use. If an individual transfers personal jewellery and acquires replacement jewellery within six months, a proportional capital gains tax exemption applies. The exemption is calculated based on the cost of newly acquired jewellery relative to the full consideration received from the original transfer. The provision aims to provide tax relief for personal asset transfers within a specific timeframe.