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Link to original content: http://www.legislation.gov.uk/uksi/2006/964/part/4/chapter/1/data.akn

2004 c. 12.

Words in reg. 24 omitted (1.1.2009) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 12

http://www.legislation.gov.uk/uksi/2006/964/part/4/chapter/1The Authorised Investment Funds (Tax) Regulations 2006texttext/xmlenINCOME TAXCORPORATION TAXCAPITAL GAINS TAXStatute Law Database2024-05-16Expert Participation2021-12-09In the Finance (No. 2) Act 2005 (c. 22) (“the 2005 Act”), Chapter 3 of Part 2 makes provision relating to authorised investment funds. Existing statutory provisions dealing with authorised investment funds cease to have effect on such day as the Treasury may appoint by order (see sections 17(1) and 19(1) of the 2005 Act). Arrangements are being made for the enactments specified in section 17(1) of the 2005 Act to be repealed.PART 4THE TREATMENT OF PARTICIPANTS IN AUTHORISED INVESTMENT FUNDSCHAPTER 1PRELIMINARY PROVISIONS24Structure of this Part

The structure of this Part of these Regulations is as follows—

this Chapter contains preliminary provisions;

Chapter 2 contains provisions relating to the tax treatment of participants chargeable to income tax;

Chapter 3 contains provisions relating to the tax treatment of participants chargeable to corporation tax;

...

25Funds excluded from the ambit of this Part

This Part does not apply to an authorised investment fund if the fund—

a

is a registered pension scheme within the meaning of Part 4 of the Finance Act 2004 , or

b

is treated, under paragraph 1(1) of Schedule 36 to that Act, as having become such a scheme.