Regulation 117 Taxation of Chargeable Gains Act 1992

(1)

Section 222 (relief on disposal of private residence) is amended as follows.

(2)

In subsection (6) —

(a)

for “a man and his wife living with him” substitute “an individual living with his spouse or civil partner”, and

(b)

in paragraph (a), for “the husband and the wife” substitute “the individual and his spouse or civil partner”.

(3)

In subsection (7), for “a man and his wife living with him” substitute “an individual living with his spouse or civil partner”.

(4)

In subsection (8A)^f1 —

(a)

after “spouse”, in each place, insert “or civil partner”, and

(b)

in the opening words of paragraph (a), for “her” substitute “the spouse’s or civil partner’s”.

(5)

In subsection (8C), after “spouse”, in both places, insert “or civil partner”.

Annotations

f1: Subsections 8A and 8C were inserted by section 38(8) of, and paragraph 17 of Schedule 4 to, the Finance Act 1999 (c. 16).