The Collective Investment Schemes (Tax Transparent Funds, Exchanges, Mergers and Schemes of Reconstruction) Regulations 2013 No. 1400

Amendments in relation to tax transparent collective investment schemes

7.  In section 288 (interpretation)—

(a) in subsection (1), at the appropriate place insert—

““participant”, in relation to a collective investment scheme, has the meaning given by section 103C(10);”,

(b) in subsection (3A)(a)(1), after “211,” insert “211B,”, and

(c) in the table in subsection (8), insert the following at the appropriate place—

“Authorised contractual scheme

s 103D(5)”

“Co-ownership scheme

s 103D(5)”

(1)

Section 288(3A) was inserted by paragraph 63 of the Finance Act 2008 (c. 9).