SCHEDULES
SCHEDULE 2Alternative finance arrangements
Part 1New Part 10A of ITA 2007
22
After section 564T insert—
564UArrangements not unit trust scheme or offshore fund
Investment bond arrangements are not—
a
a unit trust scheme for the purposes of section 1007 of this Act, or
b
an offshore fund for the purposes of section 354 of TIOPA 2010 so far as relating to income tax.