Finance Act 2015 (c. 11)

SCHEDULES

SCHEDULE 7 Disposals of UK residential property interests by non-residents etc

PART 1 Amendments of TCGA 1992

34 In section 288 (interpretation), in subsection (1), at the appropriate places insert—

• ““disposal of a UK residential property interest” has the meaning given by Schedule B1;””

• ““non-resident CGT disposal” has the meaning given by section 14B;”

• ““NRCGT gain” is to be interpreted in accordance with section 57B and Schedule 4ZZB;”

• ““NRCGT group” is to be interpreted in accordance with section 188B (read with sections 188F and 188G);”

• ““NRCGT loss” is to be interpreted in accordance with section 57B and Schedule 4ZZB;”

• ““NRCGT return” has the meaning given by section 12ZB(2) of the Management Act;”.