{
  "url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-458",
  "json_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-458.json",
  "legislation": "ukpga/2005/5",
  "legislation_title": "Income Tax (Trading and Other Income) Act 2005",
  "legislation_url": "https://openlegislation.uk/income-tax-trading-and-other-income-act-2005",
  "path": "section/458",
  "kind": "section",
  "number": "458",
  "heading": "Non-UK resident trustees",
  "text": "(1) Tax is not charged under this Chapter if the disposal is made by the trustees of a settlement and they are non-UK resident.\n(2) The following provisions do not apply if the disposal falls within subsection (1)—\nsection 446 (strips of government securities: relief for losses), and\nsection 454 (listed securities held since 26th March 2003: relief for losses).\n(3) In this section “settlement” has the same meaning as in Chapter 5 of Part 5 (see section 620).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/5/section/458",
    "retrieved_at": "2026-10-29T09:16:32.370392+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."
}