Part 4Savings and investment income
Chapter 9Gains from contracts for life insurance etc.
Policies and contracts to which Chapter 9 applies
475Special rules: personal portfolio bonds
1
In the application of this Chapter to personal portfolio bonds, certain special rules apply.
2
See, in particular—
section 515 (requirement for annual calculations in relation to personal portfolio bonds), and
sections 522 to 525 (method for making calculations and chargeable events where calculations show gains).
3
For the meaning of “personal portfolio bond” see section 516.