Taxation of Chargeable Gains Act 1992 Schedule 7AD paragraph 3

Interest in relevant assets of partnership treated as single asset

Paragraph 3 of Schedule 7AD sets out how an insurance company's interest in the relevant assets of a venture capital investment partnership is recharacterised as a single asset for capital gains purposes, replacing the normal partnership rules.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.