{
  "url": "https://openlegislation.uk/finance-act-2012/schedule-39/paragraph-45",
  "json_url": "https://openlegislation.uk/finance-act-2012/schedule-39/paragraph-45.json",
  "legislation": "ukpga/2012/14",
  "legislation_title": "Finance Act 2012",
  "legislation_url": "https://openlegislation.uk/finance-act-2012",
  "path": "schedule/39/paragraph/45",
  "kind": "paragraph",
  "number": "45",
  "heading": null,
  "text": "(1) Section 201 of TCGA 1992 (mineral leases: royalties) is repealed.\n(2) In consequence of the provision made by sub-paragraph (1), in section 203 of TCGA 1992—\n(a) in subsection (1), for “sections 201 and 202” substitute “ section 202 ”, and\n(b) in the heading, for “sections 201 and 202” substitute “ section 202 ”.\n(3) The amendments made by this paragraph have effect—\n(a) for the purposes of capital gains tax, in relation to mineral royalties which a person is entitled to receive on or after 6 April 2013, and\n(b) for the purposes of corporation tax in respect of chargeable gains, in relation to mineral royalties which a company is entitled to receive on or after 1 April 2013.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/14/schedule/39/paragraph/45",
    "retrieved_at": "2026-10-29T09:08:44.989153+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}