F1PART 4APROPERTY AIFS

Annotations:
Amendments (Textual)

CHAPTER 7LEAVING THE PROPERTY AIF REGIME

Appeal against termination notice69Z38

1

An open-ended investment company to which a termination notice is given may appeal F2....

2

The notice of appeal must be given to HM Revenue and Customs within a period of 28 days beginning with the day on which the termination notice is given.

3

On an appeal F3that is notified to the tribunal, the tribunal shall determine whether it was just and reasonable for HM Revenue and Customs to give the termination notice.

4

If F4the tribunal decides that it was, F5the tribunal must confirm the notice.

5

If F4the tribunal decides that it was not, F5the tribunal must set aside the notice.