SCHEDULES

SCHEDULE 12Disposals of residential property interests: gains and losses

2

In section 57A(3) (gains and losses on relevant high value disposals: interaction with other provisions)—

a

the words from “Part 4” to the end become paragraph (a), and

b

after that paragraph insert

or,

b

Part 3 of Schedule 4ZZC applies (other disposals of residential property interests which are or involve relevant high value disposals).