Related Commentary  Related HMRC Manuals

856(1)  An investment is a relevant investment for the purposes of section 876 if it meets–

(a)the individual interest condition (see subsection (3)),

(b)the Scottish partnership condition (see subsection (4)),

(c)the personal representative condition (see subsection (5)), or

(d)the settlement condition (see subsection (6)).

856(2)  But an investment is not a relevant investment if any of sections 863 to 870 prevent it from being a relevant investment.

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