# Taxation of Chargeable Gains Act 1992, Paragraph 17


The sub-fund settlement shall be treated, for the purposes of this Act, as having been created at the time when the sub-fund election is treated as having taken effect.

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/4ZA/paragraph/17 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-4ZA/paragraph-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.