Finance Act 2005
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Amendment of section 747E (disposal of an interest in offshore funds) of Principal Act. |
43.—(1) Section 747E (inserted by the Finance Act 2001 ) of the Principal Act is amended in subsection (3) by substituting “for the purposes of the Tax Acts and the Capital Gains Tax Acts” for “accordingly for the purposes of this Chapter”. | |
(2) This section applies as respects the disposal of an interest in an offshore fund (within the meaning of section 747E of the Principal Act) on or after 3 February 2005. |