Taxation of Chargeable Gains Act 1992 Schedule 4ZZC paragraph 2

Interpretation

Schedule 4ZZC paragraph 2 provides the key definitions and interpretive rules used throughout this schedule, ensuring consistent application of its provisions.

• This paragraph establishes the meaning of specific terms used elsewhere in Schedule 4ZZC, providing a glossary for the schedule's provisions.
• The definitions ensure that references to particular concepts, such as assets, disposals, or relevant persons, are applied consistently across all paragraphs of the schedule.
• Where terms are defined in this interpretation paragraph, they carry that defined meaning whenever they appear in the schedule unless the context requires otherwise.
• The paragraph was introduced by the Finance Act 2019 as part of a broader set of provisions inserted by Schedule 1, paragraph 20 of that Act.