# Finance Act 2019, Paragraph 33


(1) Section 86 (attribution of gains to settlors with interest in non-resident or dual resident settlements) is amended as follows.
(2) In subsection (1)(e), for “section 2(2)” substitute “ section 1(3) ”.
(3) For subsection (4ZA) substitute—
“(4ZA) Where (apart from this subsection) the amount mentioned in subsection (1)(e) would include a chargeable gain or allowable loss to which section 1A(3)(b) or (c) applies (disposals by non-UK residents within the charge to capital gains tax), so much of the gain or loss as would be so included is to be disregarded for the purposes of subsection (1)(e).”

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Source: https://www.legislation.gov.uk/ukpga/2019/1/schedule/1/paragraph/33 (the official version)
Page: https://openlegislation.uk/finance-act-2019/schedule-1/paragraph-33
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.