{
  "url": "https://openlegislation.uk/capital-gains-tax-parallel-pooling-regulations-1986",
  "json_url": "https://openlegislation.uk/capital-gains-tax-parallel-pooling-regulations-1986.json",
  "id": "uksi/1986/387",
  "title": "The Capital Gains Tax (Parallel Pooling) Regulations 1986",
  "short_title": "Capital Gains Tax (Parallel Pooling) 1986",
  "long_title": "The Finance Act 1985 by the provisions of section 68 and Schedule 19 extended the indexation relief for capital gains tax to take full account of inflation throughout the period of ownership of an asset where it was acquired on or after 1st March 1982 or, in the case of assets acquired earlier, for the period since March 1982. The Act empowered the Treasury to extend, by Regulations, the relief to certain companies which, under earlier legislation, had elected to have certain securities of the same class pooled (called “parallel pooling”) so as to be treated as a single asset; the Regulations are to apply to such securities of a company only if it shall not have revoked its election by 31st March 1987 (or within such further time as the Commissioners of Inland Revenue may allow).",
  "citation": "S.I. 1986/387",
  "type": "uksi",
  "year": "1986",
  "number": "387",
  "version": "current",
  "date": "1986-03-03",
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      "heading": "Introductory text",
      "url": "https://openlegislation.uk/capital-gains-tax-parallel-pooling-regulations-1986/introduction",
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      "heading": "INTRODUCTORY",
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    {
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    },
    {
      "path": "schedule/part/I/chapter/1",
      "kind": "chapter",
      "number": "1",
      "heading": "QUALIFYING SECURITIES AND EXPENDITURE",
      "url": "https://openlegislation.uk/capital-gains-tax-parallel-pooling-regulations-1986/schedule/part-I/chapter-1",
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      "parent": "schedule/part/I"
    },
    {
      "path": "schedule/part/I/chapter/2",
      "kind": "chapter",
      "number": "2",
      "heading": "RETAIL PRICES INDEX",
      "url": "https://openlegislation.uk/capital-gains-tax-parallel-pooling-regulations-1986/schedule/part-I/chapter-2",
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    {
      "path": "schedule/part/I/chapter/3",
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      "number": "3",
      "heading": "CALCULATION OF INDEXED POOL OF EXPENDITURE IN ACCORDANCE WITH SCHEDULE 6",
      "url": "https://openlegislation.uk/capital-gains-tax-parallel-pooling-regulations-1986/schedule/part-I/chapter-3",
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    {
      "path": "schedule/part/I/chapter/4",
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      "heading": "SECURITIES HELD LESS THAN ONE YEAR AT 31ST MARCH 1985",
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    {
      "type": "continued",
      "affected_provisions": "Regulations",
      "affecting": "ukpga/1992/12",
      "affecting_title": "Taxation of Chargeable Gains Act 1992",
      "affecting_provisions": "s. 112(1)"
    }
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  "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."
}