36 Collective investment schemes: chargeable gains
Finance Act 2012 (2012 c 14) | Legislation

36  Collective investment schemes: chargeable gains

(1)     TCGA 1992 is amended as follows.

(2)     In section 99A(2) (treatment of umbrella schemes), after “subsection (1)” insert “and section 103C”.

(3)     After section 103B insert—

“103C Power to make regulations about collective investment schemes

(1)     The Treasury may by regulations make provision about the treatment of participants in collective investment schemes for the purposes of this Act.

(2)     The regulations may, in particular, specify descriptions of collective investment scheme in relation to

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