# Finance Act 2015, Paragraph 3


(1) Section 2D (CGT on ATED-related gains: the threshold amount) is amended as follows.
(2) In subsection (2) for “£2 million” substitute “ £1 million ”.
(3) In subsection (3) for “£2 million” substitute “ £1 million ”.
(4) In subsection (5) for “ “£2 million”” substitute “ “£1 million” ”.
(5) The amendments made by this paragraph have effect in relation to disposals occurring in the tax year 2015-16.

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Source: https://www.legislation.gov.uk/ukpga/2015/11/schedule/8/paragraph/3 (the official version)
Page: https://openlegislation.uk/finance-act-2015/schedule-8/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.