Finance Act 2013 (c. 29)

SCHEDULES

SCHEDULE 25 U.K. Charge on certain high value disposals by companies etc

PART 1 U.K. Taxation of Chargeable Gains Act 1992

10 U.K. After section 100 insert—

“100A Exemption for certain EEA UCITS

(1) ATED-related gains accruing on relevant high value disposals made by an EEA UCITS which is not an open-ended investment company or a unit trust scheme are not chargeable gains under section 2B.

(2) In this section—

• “EEA UCITS” has the same meaning as in Part 17 of the Financial Services and Markets Act 2000 (see section 237 of that Act);

• “unit trust scheme” has same meaning as in that Part (see section 237(1) of that Act);

• “open-ended investment company” has the same meaning as in that Part (see section 236(1) of that Act).”