SCHEDULES

SCHEDULE 29U.K. Chargeable gains: non-resident companies and groups etc.

Part IU.K. Application of Taxation of Chargeable Gains Act 1992

Main amendmentsU.K.

1(1)In section 170 of the M1Taxation of Chargeable Gains Act 1992 (groups of companies: interpretation), the following provisions shall cease to have effect—U.K.

(a)paragraph (a) of subsection (2) (which provides that references to companies apply only to companies resident in the United Kingdom); and

(b)in subsection (9)(b) the words “(although resident in the United Kingdom)".

(2)The above amendments (referred to in this Schedule as “the main amendments”) have effect in accordance with the following provisions of this Schedule.