# Taxation of Chargeable Gains Act 1992, Paragraph 33A


(1) If—
(a) an election under paragraph 12 has been made in respect of a collective investment vehicle, and
(b) there is a disposal of a unit in the vehicle,
nothing in paragraph 5 or 6 of Schedule 1A (exceptions) applies to the disposal.
(2) If—
(a) an election under paragraph 12 has been made in respect of a qualifying company, and
(b) there is a disposal of a unit in the relevant fund,
nothing in paragraph 5 or 6 of that Schedule applies to the disposal so far as it constitutes a disposal of a right or interest in the qualifying company.

---
Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/5AAA/paragraph/33A (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-5AAA/paragraph-33A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.