Statutory Instruments
2001 No. 3777
INCOME TAX
The Personal Equity Plan (Amendment No. 2) Regulations 2001
Made
28th November 2001
Laid before the House of Commons
28th November 2001
Coming into force
19th December 2001
Citation and commencement
1. These Regulations may be cited as the Personal Equity Plan (Amendment No. 2) Regulations 2001 and shall come into force on 19th December 2001.
Interpretation
regulation-2"> 2. In these Regulations “the principal Regulations” means the Personal Equity Plan Regulations 1989( 3 ) and “regulation” means a regulation of the principal Regulations.
Amendment of the principal Regulations
3. —(1) Amend the principal Regulations as follows.
(2) In regulation 6(2)( 4 ) after sub-paragraph (n) add—
“ (o) investments which—
(i) were held under the plan on 28th November 2001,
(ii) on that date were admitted to trading on a recognised stock exchange in an EEA State and were not listed by a competent authority in an EEA State for the purposes of Council Directive 2001/34 ( 5 ) ,
(iii) since that date have not ceased to be so admitted and have not become so listed,
(iv) do not fall within any of the other sub-paragraphs of this paragraph, and
(v) are not investments which, having fallen within any of those sub-paragraphs, have ceased so to fall on or after that date. ”
Tony McNulty
John Heppell
Two of the Lords Commissioners of Her Majesty’s Treasury
28th November 2001
1988 c. 1 ; section 333 was amended by section 70 of the Finance Act 1991 (c. 31) and section 75 of the Finance Act 1998 (c. 36) .
1992 c. 12 ; section 151 was amended by section 85 of the Finance Act 1993 (c. 34) , by section 64(2) of the Finance Act 1995 (c. 4) and section 75(6) of, and Part III (15) of Schedule 27 to, the Finance Act 1998.
Substituted by regulation 7 of S.I. 2001/923 .
O.J. No. L 184, 6.7.2001, p1–66.