SCHEDULES
F1SCHEDULE 29ATaxable property held by investment-regulated pension schemes
Annotations:
Amendments (Textual)
Part 3Acquisition and holding of taxable property
Acquisition
12
1
For the purposes of the taxable property provisions an investment-regulated pension scheme acquires an interest in property if it comes to hold the interest.
2
Sub-paragraph (1) applies however the pension scheme comes to hold the interest, whether that is—
a
by act of the parties to a transaction,
b
by order of a court or other authority,
c
by or under any statutory provision, or
d
by operation of law.
3
For instances of deemed acquisition, see paragraphs 27 to 29.
Sch. 29A inserted (retrospective to 6.4.2006) by Finance Act 2006 (c. 25), s. 158(2), Sch. 21 para. 13