{
  "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-236U",
  "json_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-236U.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/236U",
  "kind": "section",
  "number": "236U",
  "heading": "Interpretation of sections 236H to 236U",
  "text": "(1) In sections 236H to 236T and this section—\n“company” has the meaning given by section 170(9);\n“ordinary share capital” has the meaning given by section 1119 of CTA 2010;\n“trade” means any trade which is conducted on a commercial basis and with a view to the realisation of profits.\n(2) In those sections—\n(a) references to a group, to membership of a group or to the principal company of a group, are to be construed in accordance with section 170, and\n(b) references to a group are to be construed with any necessary modifications where applied to a company incorporated under the law of a country or territory outside the United Kingdom.\n(3) In determining whether a person is connected with another for the purposes of those sections, section 286 applies as if subsection (8) of that section also mentioned uncle, aunt, nephew and niece.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 236H-236U and cross-heading inserted (with effect in accordance with Sch. 37 para. 2 of the amending Act) by Finance Act 2014 (c. 26), Sch. 37 para. 1 (with Sch. 37 paras. 3, 4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/12/section/236U",
    "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."
}