# Finance Act 2004, Paragraph 12


(1) For the purposes of the taxable property provisions an investment-regulated pension scheme acquires an interest in property if it comes to hold the interest.
(2) Sub-paragraph (1) applies however the pension scheme comes to hold the interest, whether that is—
(a) by act of the parties to a transaction,
(b) by order of a court or other authority,
(c) by or under any statutory provision, or
(d) by operation of law.
(3) For instances of deemed acquisition, see paragraphs 27 to 29.

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Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/29A/paragraph/12 (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-29A/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.