SCHEDULES
SCHEDULE 12Foreign income and gains
PART 2Remittance for investment purposes
Formerly exempt property used to make investment
12
In section 809Z4 (temporary importation rule), in subsection (3)—
a
omit “or” at the end of paragraph (b),
b
insert “
or
”
at the end of paragraph (c), and
c
after that paragraph insert—
d
all or any part of the income or chargeable gains contained in the property (or from which the property derives) is treated, or continues to be treated, under section 809VA(2), 809Y(8)(b) or 809YC(2) as not remitted to the United Kingdom.