# Finance Act 2025, Paragraph 27

Extent: E+W+S+N.I.

In section 718 (meaning of “person abroad” etc)—
(a) in subsection (1), for the words from “means” to the end, substitute “means a person who is resident outside the United Kingdom.”;
(b) omit subsection (3).

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Source: https://www.legislation.gov.uk/ukpga/2025/8/schedule/12/paragraph/27 (the official version)
Page: https://openlegislation.uk/finance-act-2025/schedule-12/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.