The legislation lays down detailed rules on what constitutes a disposal of a UK residential property interest for the purposes of the new charge to non-resident CGT.

TCGA92/Sch B1/para 1 provides that there is a disposal of an interest in UK land within the scope of the legislation in two cases.

The first is where the land has at any time in the relevant ownership period consisted of or included a dwelling; or the interest in land subsists for the benefit of land that has at any time in the relevant ownership period consisted of or included a dwelling.

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