Section 11

Paragraph 61(1)(b) of the principal Act is amended by substituting for the proviso the following provisos:

“Provided that in the case of a unit trust, gains arising from the realization of investments shall be treated as income of the trust body of the trust under paragraph 4(aa):

Provided further that where such realization of investments relates to real property as defined in the Real Property Gains Tax

Act 1976, the gains shall not be treated as income of the trust body of the trust;”.