PART 2Application and computation of UK tax charges
F1Computation of the member’s ring-fenced transfer fund3B
The amount of a member’s ring-fenced transfer fund (“RFTF”) under a RNUKS is the aggregate of the sums and market value of the assets transferred as a result of the original relevant transfer or subsequent relevant transfer as has been transferred to the RNUKS without being subject to the unauthorised payments charge.