Modification of the Taxation of Chargeable Gains Act 1992
This section has no associated Explanatory Memorandum
29. In section 185 (deemed disposal of assets on company ceasing to be resident in UK), in subsection (4)(1) —
(a)in paragraph (a) omit “are situated in the United Kingdom and”, and
(b)in paragraph (b) omit “are so situated and”.
(1)
Section 185(4) was amended by section 153(1)(b) and (4) of the Finance Act 2003.