SCHEDULES
SCHEDULE 29 Chargeable gains: non-resident companies and groups etc.
Part I Application of Taxation of Chargeable Gains Act 1992
Main amendments
1
1
In section 170 of the M1Taxation of Chargeable Gains Act 1992 (groups of companies: interpretation), the following provisions shall cease to have effect—
a
paragraph (a) of subsection (2) (which provides that references to companies apply only to companies resident in the United Kingdom); and
b
in subsection (9)(b) the words “(although resident in the United Kingdom)".
2
The above amendments (referred to in this Schedule as “the main amendments”) have effect in accordance with the following provisions of this Schedule.