# Taxation of Chargeable Gains Act 1992, Paragraph 16


(1) This paragraph applies in any case where—
(a) a company becomes resident in the United Kingdom after 5 April 2019,
(b) the company makes a direct or indirect disposal of UK land after that date, and
(c) (ignoring this paragraph) Part 2, 3 or 4 of this Schedule would have applied to the disposal but for the fact that it is made at a time when the company is resident in the United Kingdom.
(2) In that case, Part 2, 3 or 4 of this Schedule applies in relation to the disposal (regardless of paragraph 1(1)(b)).

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/4AA/paragraph/16 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-4AA/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.