This section has no associated Explanatory Notes
4(1)Section 2D (CGT on ATED-related gains: the threshold amount) is amended as follows.U.K.
(2)In subsection (2) for “£1 million” substitute “ £500,000 ”.
(3)In subsection (3) for “£1 million” substitute “ £500,000 ”.
(4)In subsection (5) for “ “£1 million”” substitute “ “£500,000” ”.
(5)The amendments made by this paragraph have effect in relation to disposals occurring on or after 6 April 2016.