Part 4

Savings and investment income
Chapter 9

Gains from contracts for life insurance etc.

Personal portfolio bonds

The index categories
518
1
This section sets out the categories of index referred to in section 517(1).
2
Category 1 is the retail prices index.
3
Category 2 is any general index which—
a
is similar to the retail prices index, and
b
is published by the government of any foreign state or an agent of such a government.
4
Category 3 is any published index of prices of shares listed on a recognised stock exchange.
Pt. 4 Ch. 9 applied (with modifications) by The Individual Savings Account Regulations 1998 (S.I. 1998/1870), reg. 36 (as added by S.I. 1998/3174, reg. 12 and as amended (6.4.2008) by S.I. 2008/704, regs. 1, 17(4))
Pt. 4 Ch. 9: power to exclude conferred (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 61(4) (with s. 147, Sch. 17)
Pt. 4 Ch. 9 applied (with modifications) by The Child Trust Funds Regulations 2004 (S.I. 2004/1450), reg. 38 (as amended (6.4.2010) by S.I. 2010/582, regs. 1, 18)