Draft legislation: the Collective Investment Schemes and Offshore Funds Regulations 2017
Draft legislation for investors in a co-ownership authorised contractual scheme (CoACS) or and offshore transparent fund who disposes of units in the fund should compute the chargeable gain.
▤ Verbatim text from source document
This draft legislation clarifies how an investor in a CoACS or and offshore transparent fund who disposes of units in the fund should compute the chargeable gain.