Taxation of Chargeable Gains Act 1992 Schedule C1 paragraph 9

Interpretation

Schedule C1 paragraph 9 provides definitions and interpretation rules for the terms used throughout Schedule C1, ensuring consistent application of the provisions relating to chargeable gains.

• This paragraph sets out the meaning of key terms used in Schedule C1, which was introduced by Finance Act 2019.
• Interpretation provisions help ensure that all the rules within the schedule are applied consistently by defining technical terms and phrases.
• Where a term is given a specific meaning in this paragraph, that meaning applies whenever the term is used elsewhere in Schedule C1.
• These definitions are essential for the correct operation of the schedule and should be referred to whenever questions arise about the scope or application of its provisions.