Taxation of Chargeable Gains Act 1992 Schedule 7AC paragraph 31

Index of defined expressions

Paragraph 31 of Schedule 7AC provides an alphabetical index of all the key terms used throughout the Schedule dealing with exemptions for disposals by companies with substantial shareholdings, directing the reader to where each term is defined.

• The paragraph serves as a quick-reference guide listing all defined expressions used in Schedule 7AC and pointing to the specific paragraph where each definition can be found.
• Key corporate terms such as "company", "group", "subgroup", "holding company", "51% subsidiary", and "joint venture company" are all defined in paragraphs 24 and 26 of the Schedule.
• Trading-related definitions — including "trade", "trading company", "trading group", and "trading subgroup" — are found in paragraphs 20 to 22 and 27 of the Schedule.
• Other important terms covered include "investing company", "company invested in", "interest in shares", "asset related to shares", "qualifying institutional investor", "exempt unauthorised unit trust", and "twelve-month period".