S.L. 123.51 чл. 10Calculation of capital gains on the surrender or maturity of unit linked investments.

For the purpose of determining the capital gains arising on the surrender or maturity of units and such like instruments relating to linked long term business of insurance where the relative contract of insurance was concluded before the 1st March 2001 and where the benefits are wholly determined by reference to the value of units or shares held in a collective investment scheme, the cost of acquisition of the said linked units or such like instruments shall, to the extent that they correspond to units or shares in a non-prescribed fund that were listed on a recognised stock exchange on the said date, be deemed to be equal to the price of the said units or shares as last quoted on a recognised stock exchange before that date, or to the price of the said units or shares as quoted on a recognised stock exchange on the date the said contract of insurance was concluded, whichever price is the higher.