{
  "url": "https://openlegislation.uk/taxes-management-act-1970/schedule-3ZAA/paragraph-10",
  "json_url": "https://openlegislation.uk/taxes-management-act-1970/schedule-3ZAA/paragraph-10.json",
  "legislation": "ukpga/1970/9",
  "legislation_title": "Taxes Management Act 1970",
  "legislation_url": "https://openlegislation.uk/taxes-management-act-1970",
  "path": "schedule/3ZAA/paragraph/10",
  "kind": "paragraph",
  "number": "10",
  "heading": null,
  "text": "In this Schedule—\n“deferrable exit charge” has the meaning given by paragraph 4(1)(a);\n“deferred exit charge” has the meaning given by paragraph 4(2);\n“double taxation arrangements” means arrangements made by two or more territories with a view to affording relief from double taxation;\n“economically significant activity” has the meaning given by section 13A(4) of the 1992 Act (reading references to a company as references to trustees);\n“exit charge” means—\n(a)for the purposes of paragraph 2, any amount of capital gains tax which a person is liable to pay for a tax year which the person would not be liable to pay if gains arising by virtue of section 25 of the 1992 Act in the tax year were ignored;\n(b)for the purposes of paragraph 3, any amount of capital gains tax which the relevant trustees are liable to pay for a tax year which they would not be liable to pay if gains arising by virtue of section 80 of the 1992 Act in the tax year were ignored;\n“right to freedom of establishment” means a right protected by—\n(a)Article 49 of the Treaty on the Functioning of the European Union, or\n(b)Article 31 of the EEA agreement;\n“taxpayer” has the meaning given by paragraph 4(2);\n“trade” includes a profession or vocation.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 3ZAA inserted (with effect in accordance with Sch. 7 para. 7 of the amending Act) by Finance Act 2019 (c. 1), Sch. 7 para. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1970/9/schedule/3ZAA/paragraph/10",
    "retrieved_at": "2026-10-29T10:51:31.747484+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."
}