Taxation of Chargeable Gains Act 1992 section 169G

Meaning of "arrangement" in sections 169B to 169E and information power

Section 169G defines the term "arrangement" as used in the provisions dealing with gifts of business assets to settlor-interested settlements.

• The term "arrangement" is given a deliberately broad definition for the purposes of sections 169B to 169E.
• An arrangement includes any scheme, agreement, or understanding between parties.
• The definition applies regardless of whether the arrangement is legally enforceable.
• Most of the original subsections (relating to information powers) have been repealed by subsequent amendments.