10(1)A person is not required to make or deliver a return under this Schedule in respect of a disposal if—
(a)the disposal has an appropriate connection to a collective investment scheme for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, and
(b)the person would not be liable under paragraph 6 of this Schedule to pay an amount on account of the person’s liability to capital gains tax for the tax year concerned.
(2)In determining whether sub-paragraph (1)(b) applies, it is to be assumed that the person is required to make a return under this Schedule in respect of the disposal.