This section has no associated Explanatory Memorandum
2. In this Part—U.K.
“outstanding bearer share” means a bearer share which has been issued by an open-ended investment company before the surrender year and has not been cancelled;
“the surrender year” means the year beginning with the end of 1 January 2021.
Commencement Information
I1Sch. para. 2 in force at 1.1.2021, see reg. 1(2)