Commentary on Sections Overview Overview Section 900: Meaning of “chargeable asset within TCGA” in sections 898 and 899
2282.This section defines the key term used in the two preceding sections. It is based on paragraph 130 of Schedule 29 to FA 2002.
2283.Subsection (3) substitutes a cross-reference to section 10B of TCGA for the cross-reference to section 10(3) of TCGA in the source legislation. Section 10(3) was repealed in FA 2003 and replaced by section 10B. The substitution in this section reflects the implied substitution by section 17(2)(a) of the Interpretation Act 1978 and so preserves the effect of the source legislation.