Ambit of this ChapterU.K.
This section has no associated Explanatory Memorandum
44.—(1) This Chapter applies if—
(a)a material disposal gives rise to an offshore income gain, and
(b)that disposal also constitutes the disposal of the interest concerned for the purposes of TCGA 1992.
(2) In this Chapter the disposal specified in paragraph (1)(b) is called the “TCGA disposal”.