{
  "url": "https://openlegislation.uk/unauthorised-unit-trusts-tax-regulations-2013/regulation-24",
  "json_url": "https://openlegislation.uk/unauthorised-unit-trusts-tax-regulations-2013/regulation-24.json",
  "legislation": "uksi/2013/2819",
  "legislation_title": "The Unauthorised Unit Trusts (Tax) Regulations 2013",
  "legislation_url": "https://openlegislation.uk/unauthorised-unit-trusts-tax-regulations-2013",
  "path": "regulation/24",
  "kind": "regulation",
  "number": "24",
  "heading": "Treatment of investment transactions carried out by exempt unauthorised unit trusts",
  "text": "(1) An investment transaction entered into by the trustees of an exempt unauthorised unit trust is treated for the purposes of the Income Tax Acts as entered into otherwise than in the course of a trade.\n(2) For the purposes of paragraph (1) an “investment transaction” is an investment transaction specified by regulation 2 of the Investment Transactions (Tax) Regulations 2014.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 24(2) substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Investment Transactions (Tax) Regulations 2014 (S.I. 2014/685), regs. 1(1), 10"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/2819/regulation/24",
    "retrieved_at": "2026-10-29T00:35:43.212333+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."
}