SCHEDULES

F1SCHEDULE 9AIncreased rates for non-resident transactions

Annotations:
Amendments (Textual)
F1

Sch. 9A inserted (with effect in accordance with Sch. 16 para. 6 of the amending Act) by Finance Act 2021 (c. 26), Sch. 16 para. 5

PART 5Special rules for particular purchasers and transactions

15Co-ownership authorised contractual schemes

1

Subject to sub-paragraph (2), a co-ownership authorised contractual scheme is not “non-resident” in relation to any chargeable transaction.

2

A collective investment scheme that is a co-ownership authorised contractual scheme by virtue of section 102A(7) (EEA schemes) is “non-resident” in relation to all chargeable transactions.