Article 1 Citation, commencement, effect and interpretation

This Order may be cited as the Investment-regulated Pension Schemes (Exception of Tangible Moveable Property) Order 2006 and shall come into force on 11th August 2006.

This Order has effect from 6^th April 2006.

In these Regulations—

• “market value” is to be determined in accordance with section 272 of the Taxation of Chargeable Gains Act 1992^f1; and

• “connected persons” (and cognate expressions) have the meaning in section 839 of the Income and Corporation Taxes Act 1988^f2.