{
  "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-7AC/paragraph-31",
  "json_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-7AC/paragraph-31.json",
  "legislation": "ukpga/1992/12",
  "legislation_title": "Taxation of Chargeable Gains Act 1992",
  "legislation_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992",
  "path": "schedule/7AC/paragraph/31",
  "kind": "paragraph",
  "number": "31",
  "heading": null,
  "text": "In this Schedule the expressions listed below are defined or otherwise explained by the provisions indicated:\nasset related to shares\nparagraph 30\ncompany\nparagraph 26(1)(a)\ncompany invested in\nparagraph 1\nExempt unauthorised unit trust\nparagraph 3B(7)\n51% subsidiary\nparagraph 26(4) and (5)\ngroup (and member of group)\nparagraph 26(1)(b) and (5)\nholding company\nparagraph 26(3)\ninterest in shares\nparagraph 29\ninvesting company\nparagraph 1\njoint venture company\nparagraph 24(1)\nQualifying institutional investor\nparagraph 30A\nqualifying shareholding (in joint venture company)\nparagraph 24(2)\nsubgroup\nparagraph 26(2)\ntrade\nparagraph 27\ntrading company\nparagraph 20\ntrading group\nparagraph 21\ntrading subgroup\nparagraph 22\ntwelve-month period\nparagraph 28",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 7AC inserted (with effect in accordance with s. 44(3)(4) of the amending Act) by Finance Act 2002 (c. 23), Sch. 8 para. 1"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 7AC para. 31 inserted (with effect in accordance with s. 28(7) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 28(6)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/12/schedule/7AC/paragraph/31",
    "retrieved_at": "2026-11-14T03:34:05.925206+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."
}