{
  "url": "https://openlegislation.uk/capital-gains-tax-act-1979-repealed-631992/section-149D",
  "json_url": "https://openlegislation.uk/capital-gains-tax-act-1979-repealed-631992/section-149D.json",
  "legislation": "ukpga/1979/14",
  "legislation_title": "Capital Gains Tax Act 1979 (repealed 6.3.1992)",
  "legislation_url": "https://openlegislation.uk/capital-gains-tax-act-1979-repealed-631992",
  "path": "section/149D",
  "kind": "section",
  "number": "149D",
  "heading": "Personal equity plans.",
  "text": "(1) The Treasury may make regulations providing that an individual who invests under a plan shall be entitled to relief from capital gains tax in respect of the investments.\n(2) Subsections (2) to (5) of section 333 of the Taxes Act 1988 (personal equity plans) shall apply in relation to regulations under subsection (1) above as they apply in relation to regulations under subsection (1) of that section but with the substitution for any reference to income tax of a reference to capital gains tax.\n(2A) Regulations under this section may include provision securing that losses are disregarded for the purposes of capital gains tax where they accrue on the disposal of investments on or after 18th January 1988.\n(3) Regulations under this section shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of the House of Commons.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 149A–149D added by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), Sch. 29 para. 26"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 149D(2A) inserted by Finance Act 1988 (c. 39, SIF 63;1, 2), s. 116"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "See— Diplomatic Privileges Act 1964 (c. 81); Commonwealth Secretariat Act 1966 (c. 10); International Organisations Act 1968 (c. 48); Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), s. 505"
    },
    {
      "type": "P",
      "label": "P1",
      "text": "S. 149D: power previously exercised by S.I. 1988/1348, 1989/469, 1990/678S. 149D: s. 149D power exercised by S.I. 1991/733S. 149D: s. 149D power exercised by S.I.1991/2774"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1979/14/section/149D",
    "retrieved_at": "2026-10-29T10:18:25.768570+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}