Search Legislation

Finance Act 2019

 Help about what version

What Version

 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally enacted).

TCGA 1992

70(1)Section 199 (exploration or exploitation assets: deemed disposals) is amended as follows.

(2)In subsection (2), for “in respect of whom the residence condition (see section 2(1A)) is not met” substitute “who is not UK resident for a tax year (as determined for the purposes of Chapter 1 of Part 1)”.

(3)In subsection (6), for paragraphs (a) and (b) substitute “would be chargeable to capital gains tax or corporation tax as a result of section 1A(3)(a) or 2B(3)”.

Back to top

Options/Help