SCHEDULES

SCHEDULE 2 U.K. Returns for disposals of UK land etc

PART 1 U.K. Returns and payments on account: disposals of UK land etc

Collective investment schemes to which Sch.5AAA to TCGA 1992 applies U.K.

10 (1) A person is not required to make or deliver a return under this Schedule in respect of a disposal if— U.K.

(a) the disposal has an appropriate connection to a collective investment scheme for the purposes of paragraph 6 of Schedule 5AAA to TCGA 1992, and

(b) the person would not be liable under paragraph 6 of this Schedule to pay an amount on account of the person's liability to capital gains tax for the tax year concerned.

(2) In determining whether sub-paragraph (1)(b) applies, it is to be assumed that the person is required to make a return under this Schedule in respect of the disposal.