SCHEDULES
SCHEDULE 1Chargeable gains accruing to non-residents etc
PART 2Consequential amendments
106ITA 2007
1
Section 809YD (chargeable gains accruing on sales of exempt property) is amended as follows.
2
In subsection (1)(c)(ii), for “section 13” substitute “section 3”.
3
In subsection (3), for “section 12 of TCGA 1992” substitute “paragraph 1 of Schedule 1 to TCGA 1992”.
4
In subsection (5)(a)—
a
for “section 10A” substitute “section 1M”, and
b
for “the year of return” substitute “the tax year that consists of or includes the period of return”.
5
In subsection (7)—
a
in the opening words, for “fell within the definition of foreign chargeable gains in section 12(4) of that Act” substitute “accrued on the disposal of a foreign asset (within the meaning of Schedule 1 to TCGA 1992)”, and