Search Legislation

The Authorised Investment Funds (Tax) Regulations 2006

Status:

Point in time view as at 01/09/2009.

Changes to legislation:

There are currently no known outstanding effects for the The Authorised Investment Funds (Tax) Regulations 2006, PART 2. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

PART 2U.K.Index of expressions defined or otherwise explained in these Regulations

Accumulation unitRegulation 6(5)
Acquiring company (in Chapter 2 of Part 6)Regulation 78(7)
Alternative finance arrangements (in Part 3)Regulation 21(11)
[F1Applicant (in Part 4A) Regulation 69O(6)]
[F2Applicant (in Part 4B) Regulation 69Z49(5)]
[F2Application (in Part 4B)Regulation 69Z49(5)]
Authorised (in relation to unit trust schemes)Regulation 5(2)
Authorised corporate directorRegulation 8
Authorised investment fundsRegulation 3
[F1Balance of business conditions (in Part 4A)Regulation 69N]
[F1Body corporate (in Part 4A)Regulation 69L(6)]
Capital profits, gains or losses (in Part 2)Regulation 12
[F1Cessation (in Part 4A)Regulation 69C(2)]
[F2Cessation (in Part 4B)Regulation 69Z44]
F3. . .F3. . .
Collective investment schemeRegulation 8
CommissionersRegulation 8
Consideration shares (in Chapter 2 of Part 6)Regulation 78(7)
Contract for differences (in Part 3)Regulation 21(9)
[F1Corporate ownership condition (in Part 4A)Regulation 69K]
Creditor relationshipRegulation 8
Deduction obligation (in Part 4)Regulation 26(3)
Derivative contractRegulation 8
F4. . .F4. . .
F5. . .F5. . .
DistributionRegulation 15(1)
Distribution accountsRegulation 15(3)
Distribution dateRegulation 15(4)
[F2Distribution income (in Part 4B)Regulation 69Z56(1)(a)]
Distribution periodRegulation 15(2)
[F2Diversely owned AIFRegulation 14E(2)]
Dividend distributionRegulation 22(3)
F6. . .F6. . .
[F1Entry (in Part 4A)Regulation 69C(1)]
[F2Entry (in Part 4B)Regulation 69Z44]
[F1Excessive holding (in Part 4A)Regulation 69Z13(3)]
Exchanged units (in Chapter 2 of Part 6)Regulation 78(7)
[F1Existing company notice (in Part 4A)Regulation 69O(6)]
[F2Existing fund application (in Part 4B)Regulation 69Z49(5)]
F7. . .F7. . .
[F2Fund documentsRegulation 9A(10)]
[F1Future company notice (in Part 4A)Regulation 69O(6)]
[F2Future fund application (in Part 4B)Regulation 69Z49(5)]
[F1F (post-cessation) (in Part 4A)Regulation 69C(3)(d)]
[F1F (pre-entry) (in Part 4A)Regulation 69C(3)(a)]
[F1F (residual) (in Part 4A)Regulation 69C(3)(c)]
[F1F (tax-exempt) (in Part 4A)Regulation 69C(3)(b)]
[F1Genuine diversity of ownership condition F8... Regulation [F99A]]
[F1Holder of excessive rights (in Part 4A)Regulation 69Z13]
[F2Information notice (in Part 4B)Regulation 69Z67(2)]
[F2Instrument constituting the fundRegulation 6(7)]
[F10instrument constituting the scheme regulation [F116(7)]]
Interest distributionRegulation 18(3)
[F2Investment transactionRegulation 14E(5)]
InvestmentsRegulation 8
F12. . .F12. . .
Legal ownerRegulation 6(1)
[F1Loan creditor condition (in Part 4A)Regulation 69M]
[F2Loan creditor condition (in Part 4B)Regulation 69Z47]
ManagerRegulation 6(3)
F13. . .F13. . .
F14. . .F14. . .
Net asset valueRegulation 8
[F1Net income (in Part 4A)Regulation 69Z]
[F1Net income of F (residual) (in Part 4A)Regulation 69Z2]
[F1Net income of F (tax-exempt) (in Part 4A)Regulation 69Z1]
[F1Newly qualified company (in Part 4A)Regulation 69N(5)]
Open-ended investment companyRegulation 4
Owner of sharesRegulation 8
[F1PAIF distribution (dividends) (in Part 4A) Regulation 69Z17(3)]
[F1PAIF distribution (interest) (in Part 4A)Regulation 69Z16(3)]
ParticipantRegulation 6(6)
[F1Pre-distribution amount (in Part 4A)Regulation 69Z3]
Pre-transfer accounting period (in Chapter 2 of Part 6)Regulation 79(1)
[F1Property AIFRegulation 69A(2)]
[F2Property condition (in Part 4B)Regulation 69Z46]
[F2Property business income (in Part 4B)Regulation 69Z56(1)(c)]
[F1Property income distributionRegulation 69Z15(4)]
[F1Property investment business (in Part 4A)Regulation 69F(1)]
[F2Property investment income (in Part 4B)Regulation 69Z56(1)(b)]
[F1Property rental business (in Part 4A)Regulation 69H(1)]
[F1Prospectus (in Part 4A)Regulation 69E(4)]
Qualifying certificateRegulation 35
Qualified investor schemeRegulation [F1514B(4)]
Qualifying investmentsRegulation 20
Qualifying units (in another authorised investment fund) (in Part 3)Regulation 21(3)
[F2Refusal notice (in Part 4B)Regulation 69Z52(1)]
[F1Relevant distribution (in Chapter 6 of Part 4A) Regulation 69Z29(1)(b)]
Relevant period (in Part 3)Regulation 19(2)
Reporting dateRegulation 8
[F16reputable intermediary condition (in Part 4) Regulation 27]
[F16residence condition (in Part 4) Regulation 30]
Residence declarationRegulation 8
Scheme propertyRegulation 6(2)
Securities (in Part 3)Regulation 21(2)
[F1Specified accounting period (in Part 4A)Regulation 69Q(2)]
[F2Specified accounting period (in Part 4B)Regulation 69Z51(2)]
F17. . .F17. . .
Target trust (in Chapter 2 of Part 6)Regulation 78(7)
[F2Tax Elected FundRegulation 69Z42(2)]
Tax yearRegulation 8
[F2TEF conditions (in Part 4B)Regulation 69Z45(a)]
[F2TEF distribution (dividend) (in Part 4B)Regulation 69Z60(3)]
[F2TEF distribution (non-dividend)Regulation 69Z61(3)]
[F1Termination notice (in Part 4A)Regulation 69Z37(1)]
[F2Termination notice (in Part 4B)Regulation 69Z70(1)]
Transfer date (in Chapter 2 of Part 6)Regulation 78(7)
[F1UK-REITRegulation 69F(2).]
Umbrella companyRegulation 7(1)
Umbrella schemeRegulation 7(4)
Underlying subject matter (in Part 3)Regulation 21(6)
Unit holderRegulation 5(3)
Unit trust schemeRegulation 5(1)
UnitsRegulation 6(4)
The whole of the scheme property of an authorised unit trust that is available for transfer (in Chapter 2 of Part 6)Regulation 78(7)

Textual Amendments

F3Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(i)

F4Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(ii)

F5Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(iii)

F6Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(iv)

F7Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(v)

F10Words in Sch. Pt. 2 inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(c)

F12Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(vi)

F13Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(vii)

F14Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(viii)

F15Words in Sch. Pt. 2 substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(b)

F17Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(ix)

Back to top

Options/Help

Print Options

You have chosen to open The Whole Instrument

The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Instrument as a PDF

The Whole Instrument you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Instrument

The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open the Whole Instrument without Schedules

The Whole Instrument without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Memorandum

Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources