The UK Property Rich Collective Investment Vehicles (Amendment of the Taxation of Chargeable Gains Act 1992) Regulations 2021 No. 213

1. Introductory Text

2. 1. Citation, commencement and effect

3. 2. Amendment of Schedule 5AAA to the Taxation of Chargeable Gains Act 1992

4. 3. In paragraph 1 (meaning of “collective investment vehicle”, etc), after...

5. 4. (1) Paragraph 6 (disposals by non-UK residents) is amended as...

6. 5. In paragraph 7(2) (appropriate connection to disposals within paragraph 6),...

7. 6. After paragraph 7 insert— Overseas life insurance companies (1) Paragraph 6 does not apply if—

8. 7. In paragraph 12(7) (exemption for qualifying offshore CIV that is...

9. 8. (1) Paragraph 21 (deemed disposal: payments not otherwise taxable where...

10. 9. In paragraph 23 (gains accruing on disposals under paragraph 21...

11. 10. The amendment made by regulation 3 does not affect an...

12. Signature

13. Explanatory Note