{
  "url": "https://openlegislation.uk/corporation-tax-act-2010/section-620",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2010/section-620.json",
  "legislation": "ukpga/2010/4",
  "legislation_title": "Corporation Tax Act 2010",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2010",
  "path": "section/620",
  "kind": "section",
  "number": "620",
  "heading": "Court investment funds",
  "text": "(1) In this section “court investment fund” means a fund established under section 42 of the Administration of Justice Act 1982 (investment funds for money paid into court).\n(2) The Tax Acts apply in relation to a court investment fund as if—\n(a) the fund were an authorised unit trust,\n(b) the person who is for the time being the investment manager of the fund were the trustee of the trust, and\n(c) the persons with qualifying interests (see the table in subsection (3)) were the unit holders in the trust.\n(3) This is the table referred to in subsection (2)(c)—\nDescription of shares in the fund\nPersons with qualifying interests in relation to the shares\nShares held by the Accountant General\nThe persons whose interests entitle them, as against the Accountant General, to share in the fund's investments\nShares held by any other person authorised by the Lord Chancellor to hold such shares on behalf of others (an “authorised person”)\nThe persons whose interests entitle them, as against the authorised person, to share in the fund's investment (or, if there are no such persons, the authorised person)\nShares held by persons authorised by the Lord Chancellor to hold such shares on their own behalf\nThe persons so authorised\n(4) In subsection (3) “the Accountant General” means—\n(a) the Accountant General of the Senior Courts of England and Wales, or\n(b) the Accountant General of the Court of Judicature of Northern Ireland.\n(5) In the application of this section to Northern Ireland, any reference to the Lord Chancellor is to be read as a reference to the Department of Justice in Northern Ireland.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 620(5) inserted (18.10.2012) by The Northern Ireland Act 1998 (Devolution of Policing and Justice Functions) Order 2012 (S.I. 2012/2595), arts. 1(2), 21 (with arts. 24-28)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "S. 620 applied (with modifications) (S.) (1.4.2015) by Land and Buildings Transaction Tax (Scotland) Act 2013 (asp 11), ss. 45(7), 70(2) (with s. 69); S.S.I. 2015/108, art. 2"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "S. 620 applied (with modifications) (E.W.) (1.4.2018) by Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw 1), ss. 34(7), 81(2)(3); S.I. 2018/34, art. 3"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2010/4/section/620",
    "retrieved_at": "2026-10-29T09:10:29.433154+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."
}