Paragraph 4

After section 36 insert—

“Re-basing for non-residents for UK land etc held on 5 April 2019

Re-basing in relation to direct or indirect disposals of UK land

36A

Schedule 4AA makes provision for the re-basing of assets where—

(a)

the assets are held on 5 April 2019,

(b)

there is a disposal after that date, and

(c)

the disposal is a direct or indirect disposal of UK land (within the meaning of that Schedule).”