SCHEDULES
SCHEDULE 46Ordinary residence
PART 3Capital gains tax: accruals basis of taxation
TCGA 1992
104
1
Section 261 (section 260 relief: gifts to non-residents) is amended as follows.
2
In subsection (1), for “neither resident nor ordinarily resident” substitute “
not resident
”
.
3
In subsection (2)(a), omit “or ordinarily resident”.