SCHEDULES

F1SCHEDULE 29ATaxable property held by investment-regulated pension schemes

Part 3Acquisition and holding of taxable property

Exceptions to indirect holding

22

(1)

This paragraph applies to a vehicle in which a pension scheme directly or indirectly holds an interest where the vehicle F2is a company which is, or is a member of, a UK REIT within the meaning of Part 12 of the Corporation Tax Act 2010 (Real Estate Investment Trusts) F3and paragraph 24 applies to the pension scheme's interest in the vehicle.

F4(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

F5Section 1122 of the Corporation Tax Act 2010 (connected persons) applies for the purposes of sub-paragraph (2).