F1PART 4APROPERTY AIFS

Annotations:
Amendments (Textual)

CHAPTER 2ENTRY INTO AND MEMBERSHIP OF THE PROPERTY AIF REGIME

Conditions of membership of the Property AIF regime

Conditions for this Part to apply to company69D

In order for this Part to apply to an open-ended investment company in respect of an accounting period, the following conditions must be met—

a

the property investment business condition (see regulation 69E);

b

the genuine diversity of ownership condition (see regulation F29A);

c

the corporate ownership condition (see regulation 693K);

d

the loan creditor condition (see regulation 694M);

e

the balance of business conditions (see regulation 69N); and

f

the notification condition (see regulation 69O).

Conditions for this Part to apply to a company where the company is also a qualified investor schemeF369DA

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