SCHEDULES

SCHEDULE 2Alternative finance arrangements

Part 2New Chapter 4 of Part 4 of TCGA 1992

43

After section 151V insert—

151WInvestment bond arrangements not unit trust scheme or offshore fund

Investment bond arrangements are not—

a

a unit trust scheme for the purposes of this Act, or

b

an offshore fund for the purposes of section 354 of TIOPA 2010 so far as relating to capital gains tax.