PART 1Direct taxes

Chargeable gains: interests in UK land etc

14Disposals of UK land etc: payments on account of capital gains tax

1

Schedule 2 makes provision for the purposes of capital gains tax requiring returns, and payments on account of that tax, to be made where there is—

a

any direct or indirect disposal of UK land which meets the non-residence condition (whether or not a gain accrues), or

b

any other direct disposal of UK land on which a residential property gain accrues.

2

Subsection (1) is to be read as if contained in Part 1 of that Schedule.