{
  "url": "https://openlegislation.uk/finance-act-2019/schedule-2/paragraph-1",
  "json_url": "https://openlegislation.uk/finance-act-2019/schedule-2/paragraph-1.json",
  "legislation": "ukpga/2019/1",
  "legislation_title": "Finance Act 2019",
  "legislation_url": "https://openlegislation.uk/finance-act-2019",
  "path": "schedule/2/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "(1) This Schedule applies for the purposes of capital gains tax to—\n(a) any direct or indirect disposal of UK land which meets the non-residence condition (whether or not a gain accrues) and which is made on or after 6 April 2019, and\n(b) any other direct disposal of UK land on which a residential property gain accrues and which is made on or after 6 April 2020,\nbut this Schedule does not apply to excluded disposals.\n(2) A disposal is an excluded disposal if—\n(a) it is a disposal on which, as a result of any of the no gain/no loss provisions, neither a gain nor a loss accrues,\n(b) it is the grant of a lease for no premium to a person not connected with the grantor under a bargain made at arm's length,\n(c) it is a disposal made by a charity, or\n(d) it is a disposal of any pension scheme investments.\n(3) The Treasury may by regulations amend sub-paragraph (2).\n(4) See also paragraph 9 for a case where a disposal which would have been within sub-paragraph (1)(b) if a gain had accrued is treated, for certain purposes, as if it were a disposal to which this Schedule applies.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2019/1/schedule/2/paragraph/1",
    "retrieved_at": "2026-10-29T09:04:30.296814+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."
}