This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Company Taxation Manual

Authorised investment funds (AIFs): taxation of funds: capital gains

CG not chargeable

Capital gains of authorised investment funds are not chargeable gains - see TCGA92/S100 and the exception to TCGA92/S99 (1) (both as modified by SI2006/964 Regulation 100).