Application of this ChapterU.K.
This section has no associated Explanatory Memorandum
32. This Chapter applies if a participant disposes of an asset and at the time of the disposal—
(a)the asset is an interest in a non-reporting fund, or
(b)the asset is an interest in a reporting fund and the requirements specified in paragraph (3) of regulation 17 (read, as appropriate, with paragraphs (4) and (5) of that regulation) are met.