Regulation 44 Fraud compensation payments and other related payments
Receipt of a payment to which this regulation applies shall not be regarded as a disposal of an asset for the purposes of capital gains tax or for the purposes of corporation tax on chargeable gains.
This regulation applies to—
a fraud compensation payment under section 185 of the Pensions Act;
an interim payment under section 186 of the Pensions Act;
a fraud compensation payment under Article 168 of the Pensions Order;
an interim payment under Article 169 of the Pensions Order;
a payment made by the Board of the Pension Protection Fund under section 83 of the Pensions Act 1995 M1;
a payment in anticipation made by the Board of the Pension Protection Fund under section 84 of that Act;
a payment made by the Board of the Pension Protection Fund under Article 81 of the Pensions (Northern Ireland) Order 1995 M2;
a payment in anticipation made by the Board of the Pension Protection Fund under Article 82 of that Order.
Annotations
Marginal citations
- M1
- M2