A person holding shares or securities in a company which is not resident or ordinarily resident in the United Kingdom, or who is interested in settled property under a settlement the trustees of which are not resident or ordinarily resident in the United Kingdom, may be required by a notice by the Board to give such particulars as the Board may consider are required to determine whether the company or trust falls within [section 15 F1] (non-resident companies) or [section 17 F1] (non-resident trusts) of the [Capital Gains Tax Act 1979 F1], and whether any chargeable gains F2 have accrued to that company, or to the trustees of that settlement, in respect of which the person to whom the notice is given is liable to capital gains tax F2 under the said [section 15 F1] or the said [section 17 F1].

In this section “settled property” has the meaning given by[section 51 of the Capital Gains Tax Act 1979 F3] and the “company” and “shares” shall be construed in accordance with[sections 64, 93 and 155(1) of that Act F3].