# Finance Act 1974, Paragraph 2


[Section 15 of the Capital Gains Tax Act 1979 ] (chargeable gains accruing to certain non-resident companies) shall have effect in relation to development gains as it has effect in relation to chargeable gains, subject to the modification that for the reference in subsection (7) to capital gains tax there shall be substituted a reference to income tax or corporation tax.

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Source: https://www.legislation.gov.uk/ukpga/1974/30/schedule/8/paragraph/2 (the official version)
Page: https://openlegislation.uk/finance-act-1974/schedule-8/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.