
1 
These Regulations may be cited as the Capital Gains Tax (Pension Funds Pooling Schemes) Regulations 1996 and shall come into force on 11th July 1996.
2 
In these Regulations—
 “pension funds pooling scheme” means a unit trust scheme of the description specified in regulation 4 of the Income Tax (Pension Funds Pooling Schemes) Regulations 1996;
 “unit trust scheme” has the meaning given by section 75(8) of the Financial Services Act 1986.
3 
A unit trust scheme which is a pension funds pooling scheme shall be treated as not being a unit trust scheme for the purposes of the Taxation of Chargeable Gains Act 1992.
Bowen Wells
Liam Fox
Two of the Lords Commissioners of Her Majesty’s Treasury
19th June 1996