{
  "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-169VY",
  "json_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-169VY.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": "section/169VY",
  "kind": "section",
  "number": "169VY",
  "heading": "General definitions",
  "text": "In this Chapter—\n“employee” (except in the expression “relevant employee”, which is to be read in accordance with section 169VW) has the meaning given by section 4 of ITEPA 2003;\n“employment” has the meaning given by section 4 of ITEPA 2003;\n“exchange of shares” is to be read in accordance with section 169VR(3);\n“excluded share” has the meaning given by section 169VB;\na “holding” of shares in a company means a holding of such shares which by virtue of section 104(1) is to be regarded as a single asset;\n“investors' relief” has the meaning given by section 169VA(3);\n“office” has the meaning given by section 5(3) of ITEPA 2003;\n“ordinary shares”, in relation to a company, means any shares forming part of the company's ordinary share capital (within the meaning given by section 989 of ITA 2007);\n“potentially qualifying share” has the meaning given by section 169VB;\n“qualifying person” has the meaning given by section 169VC(7);\n“qualifying share” has the meaning given by section 169VB;\n“subscribe” is to be read in accordance with section 169VU;\n“trading company” and “the holding company of a trading group” are to be read in accordance with section 169VV.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 5 Ch. 5 inserted (15.9.2016) by Finance Act 2016 (c. 24), Sch. 14 para. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/12/section/169VY",
    "retrieved_at": "2026-10-29T09:36:15.270072+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."
}