Paragraph 14 F1
An election under paragraph 12 has effect only if it is accompanied by information of such description as may be specified by an officer of Revenue and Customs about disposals made by participants in the relevant fund at any time in—
the period of two years ending with the day before the day on which the election is made, or
if shorter, the period beginning with the constitution of the relevant fund and ending with the day before the day on which the election is made.
Information is not required by sub-paragraph (1) to accompany the election so far as—
it has already been provided to an officer of Revenue and Customs in a form and manner, and at times, specified by an officer of Revenue and Customs, and
the election sets out those occasions on which the information has been so provided.
Annotations
Textual amendments
- F1
Sch. 5AAA inserted (with effect in accordance with Sch. 1 paras. 120, 123 of the amending Act) by Finance Act 2019 (c. 1), Sch. 1 para. 21