SCHEDULES

SCHEDULE 46 U.K.Ordinary residence

PART 3 U.K.Capital gains tax: accruals basis of taxation

TCGA 1992 U.K.

104 (1) Section 261 (section 260 relief: gifts to non-residents) is amended as follows. U.K.

(2) In subsection (1), for “neither resident nor ordinarily resident” substitute “ not resident ”.

(3) In subsection (2)(a), omit “or ordinarily resident”.