Taxation of Chargeable Gains Act 1992 Schedule 8A paragraph 4

Interpretation

Schedule 8A paragraph 4 provides the definitions and interpretation rules that apply throughout Schedule 8A, which deals with chargeable gains arising on disposals of interests in non-resident companies.

• This paragraph sets out the key definitions used in Schedule 8A, ensuring consistent interpretation of terms throughout the schedule.
• The definitions were originally introduced by Finance Act 2010 as part of the rules governing gains on disposals of interests in non-resident companies.
• The paragraph was subsequently amended by Finance Act 2012 to update or refine certain definitions within the schedule.
• The interpretation rules apply to all other paragraphs in Schedule 8A and should be read alongside them when determining how the schedule operates in practice.