[211B Transfers of assets to certain collective investment schemes]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[211B  Transfers of assets to certain collective investment schemes]

[(1)     Subsection (2) applies if—

(a)     an asset of an insurance company is made subject to a collective investment scheme which is—

(i)     an authorised contractual scheme which is a co-ownership scheme, or

(ii)     a relevant offshore fund,

(b)     that is wholly in exchange for the company being issued with units in the scheme, and

(c)     the condition in subsection (3) is met.

(2)     For the

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