PART 2U.K.Application and computation of UK tax charges

[F1Computation of the member’s ring-fenced transfer fundU.K.

3B.  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.]