# Taxation of Chargeable Gains Act 1992, Paragraph 5

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

(1) This paragraph applies if—
(a) the trustees of a settlement cease at any time (the relevant time) on or after the commencement day to be resident in the United Kingdom, or
(b) the trustees of a settlement, while continuing to be resident ... in the United Kingdom, become at any time (the relevant time) on or after the commencement day trustees who fall to be regarded for the purposes of any double taxation relief arrangements as resident in a territory outside the United Kingdom.
(2) Any person who was a trustee of the settlement immediately before the relevant time shall, before the expiry of the period of twelve months beginning with the relevant day, deliver to the Board a return specifying—
(a) the day on which the settlement was created,
(b) the name and address of each person who is a settlor in relation to the settlement immediately before the delivery of the return, and
(c) the names and addresses of the persons who are the trustees immediately before the delivery of the return.
(3) For the purposes of sub-paragraph (2) above the relevant day is the day when the relevant time falls.

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/5A/paragraph/5 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-5A/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.