SCHEDULES

SCHEDULE 1U.K.Chargeable gains accruing to non-residents etc

PART 2 U.K.Consequential amendments

TCGA 1992U.K.

84(1)Section 279C (effect of election under section 279A) is amended as follows.U.K.

(2)In subsection (3), for “section 2(2)(a)” substitute “ section 1(3)(a) ”.

(3)In subsection (4)—

(a)for “section 2(2)” substitute “ section 1(3) ”, and

(b)omit “(read, where appropriate, with section 2(4)(a))”.

(4)In subsection (5), for “section 2(2)(b)” substitute “ section 1(3)(b) ”.

(5)In subsection (6)—

(a)in the opening words, for “section 2(2)(b)” substitute “ section 1(3)(b) ”, and

(b)in paragraph (c), for “section 10A” substitute “ section 1M ”.