Amendments in relation to tax transparent collective investment schemes
This section has no associated Explanatory Memorandum
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).