SCHEDULES

F1SCHEDULE 29ATaxable property held by investment-regulated pension schemes

Part 3Acquisition and holding of taxable property

Indirect holding

18

(1)

For the purposes of paragraph 16 a person holds an interest in a collective investment scheme if the person is a participant in the scheme.

(2)

In this Schedule—

(a)

“collective investment scheme” has the meaning given by section 235 of FISMA 2000, and

(b)

“participant”, in relation to such a scheme, has the meaning given by subsection (2) of that section.