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Regulation 5 Application of section 490 of CTA 2009 to non-exempt unauthorised unit trusts

Original text. Later amendments are not shown.

After regulation 29, insert—

“Application of section 490 of CTA 2009 to non-exempt unauthorised unit trusts

29A.

Section 490 of CTA 2009f1 does not apply to any rights held by a company under a non-exempt unauthorised unit trust scheme.”

Annotations

Footnotes

f1

2009 c.4. “CTA 2009” is defined as the “Corporation Tax Act 2009” by section 235(1) of Finance Act 2013. Section 490 was amended by regulation 131 of S.I. 2009/3001 and by regulation 45 of S.I. 2011/1211.