The Authorised Investment Funds (Tax) Regulations 2006

[F1Conditions for this Part to apply to fundU.K.
This section has no associated Explanatory Memorandum

69Z45.  In order for this Part to apply to an authorised investment fund in respect of an accounting period—

(a)the following conditions (the “TEF conditions”) must be met—

(i)the property condition (see regulation 69Z46);

(ii)the genuine diversity of ownership condition (see regulation 9A);

(iii)the loan creditor condition (see regulation 694Z47); and

(iv)the scheme documentation condition (see regulation 69Z48); and

(b)an application for this Part to apply must be accepted by HM Revenue and Customs (see regulations 69Z49 to 69Z53).]

Textual Amendments