Capital Allowances Act 2001

[F1262AFCo-ownership schemes: definitions relating to schemesU.K.
This section has no associated Explanatory Notes

In sections 262AA to 262AE and this section—

  • “co-ownership authorised contractual scheme” means a co-ownership scheme which is authorised for the purposes of the Financial Services and Markets Act 2000 by an authorisation order in force under section 261D(1) of that Act;

  • [F2“co-ownership contractual scheme” means—

    (a)

    a co-ownership authorised contractual scheme, or

    (b)

    a Reserved Investor Fund (Contractual Scheme);]

  • “co-ownership scheme” has the same meaning as in Part 17 of that Act (see section 235A(2) of that Act);

  • “operator” and “units”, in relation to a co-ownership F3...contractual scheme, have the meanings given by section 237(2) of that Act;

  • “participant”, in relation to such a scheme, is to be read in accordance with section 235 of that Act.]

  • [F2“Reserved Investor Fund (Contractual Scheme)” has the meaning given by section 20 of F(No.2)A 2024;]

  • [F2“unauthorised co-ownership contractual scheme” means a co-ownership scheme which is not a co-ownership contractual scheme].

Textual Amendments

F1Ss. 262AA-262AF and cross-heading inserted (16.11.2017) by Finance (No. 2) Act 2017 (c. 32), s. 40