http://www.legislation.gov.uk/id/uksi/2006/964

F1PART 4BTAX ELECTED FUNDS

Annotations:

Amendments (Textual)

Pt. 4B inserted (1.9.2009) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2009 (S.I. 2009/2036), regs. 1, 24

CHAPTER 5THE TREATMENT OF PARTICIPANTS IN TAX ELECTED FUNDS

TEF distributions (non-dividend)

Modification of section 490 of CTA 200969Z64

Section 490 of CTA 2009 (holdings in OEICs, unit trusts and offshore funds treated as creditor relationship rights) shall apply to a participant in a TEF as if in subsections (4) and (5) for “interest distribution” there were substituted “TEF distribution (non-dividend)”.