Textual Amendments
F1Word in Pt. 3 heading inserted (with effect in accordance with Sch. 22 para. 12 of the amending Act) by Finance Act 2009 (c. 10), Sch. 22 para. 9; S.I. 2010/670, art. 2
Textual Amendments
F2Word in Pt. 3 Ch. 3 heading inserted (with effect in accordance with Sch. 22 para. 12 of the amending Act) by Finance Act 2009 (c. 10), Sch. 22 para. 9; S.I. 2010/670, art. 2
(1)Gains accruing to an authorised unit trust, an investment trust [F3a venture capital trust] or a court investment fund shall not be chargeable gains.
F4(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(2A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(2B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)In this Act “court investment fund” means a fund established under section 42 of the M1Administration of Justice Act 1982.
Textual Amendments
F3Words in s. 100(1) inserted (with effect in accordance with s. 72(8) of the amending Act) by Finance Act 1995 (c. 4), s. 72(2)
F4S. 100(2)-(2B) omitted (6.4.2014) by virtue of The Unauthorised Unit Trusts (Tax) Regulations 2013 (S.I. 2013/2819), regs. 1(3), 34 (with reg. 32)
Modifications etc. (not altering text)
C1S. 100 excluded by The Authorised Investment Funds (Tax) Regulations 2006 (S.I. 2006/964), reg. 14B (as inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by S.I. 2008/3159, regs. 1(1), 11)
C2S. 100 excluded (9.12.2021) by S.I. 2006/964, reg. 14DA(2)(e) (as inserted by The Authorised Investment Funds (Tax) (Amendment) Regulations 2021 (S.I. 2021/1270), regs. 1, 3(2))
C3S. 100(1) modified (with effect in accordance with reg. 1(2)(a) of the amending S.I.) by The Venture Capital Trust (Winding up and Mergers) (Tax) Regulations 2004 (S.I. 2004/2199), regs. 1(1), 5
Marginal Citations