{
  "url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-10",
  "json_url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997/regulation-10.json",
  "legislation": "uksi/1997/1716",
  "legislation_title": "The Personal Equity Plan (Amendment No. 2) Regulations 1997",
  "legislation_url": "https://openlegislation.uk/personal-equity-plan-amendment-no-2-regulations-1997",
  "path": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Amendments to the principal Regulations",
  "text": "In regulation 17(1) for sub-paragraph (a) there shall be substituted—\n“(a) no tax shall be chargeable on the plan manager or his nominee or on the plan investor—\n(i) in respect of interest, dividends, distributions or gains in respect of plan investments, or\n(ii) on any annual profits or gains treated by section 714(2) of the Taxes Act as having been received by any of them in respect of plan investments, or\n(iii) on an offshore income gain to which a disposal made by any of them of a plan investment gives rise which is treated by section 761(1) of the Taxes Act as constituting profits or gains, or\n(iv) on a profit realised by any of them from the discount on a relevant discounted security within the meaning of Schedule 13 to the Finance Act 1996 which is held as a plan investment;”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Substituted by S.I. 1995/1539."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1996 c. 8."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/1716/regulation/10",
    "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."
}