SCHEDULES

SCHEDULE 12 U.K.Foreign income and gains

PART 2 U.K.Remittance for investment purposes

Formerly exempt property used to make investment U.K.

12 U.K.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.”