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Personal Equity Plans

Volume 299: debated on Wednesday 30 July 1997

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To ask the Chancellor of the Exchequer if he will change the rules governing PEPs to allow PEP holders who have investments in unlisted securities market companies which migrated to the alternative investment market—AIM—following the closure of the unlisted securities market to continue to hold these investments in their PEP. [10367]

No. AIM shares may qualify for the tax reliefs available for investment in unlisted companies.