7U.K.In section 437 of CTA 2010 (interpretation of the sales of lessors Chapters), after subsection (8) insert—
“(8A)Property business” means a UK property business or an overseas property business.”
8U.K.In Schedule 4 to that Act (index of defined expressions), insert at the appropriate places—
| “property business (in Chapters 3 to 6 of Part 9) | section 437(8A)” |
| “relevant change in relationship (in Chapters 3 to 6 of Part 9) | section 392”and in the entry relating to “qualifying change of ownership in relation to a company (in Chapters 3 to 6 of Part 9)” for “392 to 398” substitute “ 394A to 398A ”). |