{
  "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997",
  "json_url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997.json",
  "id": "uksi/1997/1716",
  "title": "The Personal Equity Plan (Amendment No. 2) Regulations 1997",
  "short_title": "Personal Equity Plan 1997",
  "long_title": "These Regulations further amend the Personal Equity Plan Regulations 1989 (S.I. 1989/469 as amended by S.I. 1990/678, 1991/733, 2774, 1992/623, 1993/756, 1995/1539, 3287, 1996/846, 1355, 1997/511) (“the principal Regulations”) and come into force on 8th August 1997. The main effect of the amendments is that, on the coming into force of these Regulations, investments in open-ended investment companies (and parts of umbrella companies) will become qualifying investments for general plans under similar conditions as apply to investments in authorised unit trusts. Those conditions have themselves been revised in two main respects. The definitions of “securities fund” and “fund of funds” have been brought more closely in line with those used by the Securities and Investments Board and the investment rules have been changed so that investments may be made in sub-funds of umbrella schemes. The amendments also make a number of minor changes to the principal Regulations mainly to reflect market developments.",
  "citation": "S.I. 1997/1716",
  "type": "uksi",
  "year": "1997",
  "number": "1716",
  "version": "current",
  "date": "1997-07-18",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/6",
      "kind": "regulation",
      "number": "6",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-6",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/7",
      "kind": "regulation",
      "number": "7",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-7",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/8",
      "kind": "regulation",
      "number": "8",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-8",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/9",
      "kind": "regulation",
      "number": "9",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-9",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/10",
      "kind": "regulation",
      "number": "10",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-10",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/11",
      "kind": "regulation",
      "number": "11",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-11",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/12",
      "kind": "regulation",
      "number": "12",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-12",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/13",
      "kind": "regulation",
      "number": "13",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-13",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [],
  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/1988/1",
      "title": "Income and Corporation Taxes Act 1988",
      "url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988",
      "provisions": [
        "section/333"
      ]
    },
    {
      "id": "ukpga/1992/12",
      "title": "Taxation of Chargeable Gains Act 1992",
      "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992",
      "provisions": [
        "section/151"
      ]
    }
  ],
  "changes_made_to": 0,
  "changes_made_to_url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/changes.json",
  "changes_made_by": 40,
  "changes_made_by_url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/1716",
    "retrieved_at": "2026-10-29T12:05:41.656519+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."
}