{
  "url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2017/regulation-9",
  "json_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2017/regulation-9.json",
  "legislation": "uksi/2017/1089",
  "legislation_title": "The Individual Savings Account (Amendment No. 3) Regulations 2017",
  "legislation_url": "https://openlegislation.uk/individual-savings-account-amendment-no-3-regulations-2017",
  "path": "regulation/9",
  "kind": "regulation",
  "number": "9",
  "heading": "Amendment of the Individual Savings Account Regulations 1998",
  "text": "After regulation 34 (capital gains tax– adaptation of enactments) insert—\n“Capital gains tax–administration-period investment\n34A. For the purposes of capital gains tax—\n(a) on the occasion when title to an administration-period investment is transferred from the personal representatives to a legatee, the legatee is to be treated as having acquired the investment on the date of transfer and for a consideration equal to its market value on such date; and\n(b) on the occasion when title to an investment is transferred from the personal representatives to a legatee after the end of the period in respect of which it was an administration-period investment, there shall be deemed to be a disposal and reacquisition by the personal representatives of that investment at the end of that period and for a consideration equal to its market value at such time and the legatee is to be treated as having acquired the investment for such consideration on the date of transfer.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/1089/regulation/9",
    "retrieved_at": "2026-10-28T23:06:34.978701+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."
}