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Legislation
Income Tax Act 2007

Crossheading Investments which are not relevant investments

  • Section 863 General client account deposits
  • Section 864 Qualifying uncertificated eligible debt security units
  • Section 865 Qualifying certificates of deposit
  • Section 866 Qualifying time deposits
  • Section 867 Lloyd's premium trust funds
  • Section 868 Investments held outside the United Kingdom
  • Section 869 Sale and repurchase of securities
  • Section 870 Other investments
  1. Investments which are not relevant investments
  2. Lloyd's premium trust funds

Section 867 | Lloyd's premium trust funds

From legislation.gov.uk

(1)An investment is not a relevant investment if it forms part of a premium trust fund of an underwriting or former underwriting member of Lloyd's.

(2)In this section “premium trust fund” has the meaning given in section 184 of FA 1993.

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