740 Interpretation (Chapter 2 and Schedules 19 and 20)

This section gives guidance to the meaning or construction of certain terms used in this Chapter and in Schedules 19 and 20. Key concepts in relation to the taxation of disposals of interests in offshore funds are defined or developed throughout the Chapter and Schedules. Section 740 provides an index to the meaning or particular construction assigned to the most frequently used terms in the legislation. It does not define or qualify the meaning of the terms in question but merely refers to the provisions which so do.

Relevant Date: Finance Act 2021