The Authorised Investment Funds (Tax) Regulations 2006

Structure of these RegulationsU.K.

This section has no associated Explanatory Memorandum

2.  The structure of these Regulations is as follows—

  • this Part contains preliminary provisions and provides for interpretation;

  • [F1Part 1A deals with the genuine diversity of ownership condition;]

  • Part 2 deals with the tax treatment of authorised investment funds;

  • [F2Part 2A deals with qualified investor schemes]

  • [F3Part 2B deals with diversely owned AIFs;]

  • Part 3 deals with distributions made by authorised investment funds;

  • Part 4 deals with the treatment of participants in authorised investment funds;

  • [F4Part 4A deals with Property AIFs;]

  • [F5Part 4B deals with Tax Elected Funds;]

  • Part 5 deals with compliance;

  • Part 6 contains further provisions relating to authorised investment funds;

  • [F6Part 6A contains provisions relating to Funds Investing in Non-Reporting Offshore Funds (FINROFs);]

  • Part 7 contains consequential amendments and modifications of enactments; and

  • Part 8 contains final provisions.

Textual Amendments

F6Words in reg. 2 inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2010 (S.I. 2010/294), regs. 1(1), 3