The Open-ended Investment Companies (Tax) Regulations 1997

General provision

9.  Sections 468, 468AA, and 468H to 468R(1) shall have effect with the modifications specified in regulations 10 to 13 and as if—

(a) references in those sections to “accumulation units” included references to “accumulation shares”;

(b) references in those sections to “the company referred to in section 468(1)” included references to the open-ended investment company concerned; and

(c) references, however expressed, in those sections to the terms of an authorised unit trust included references to the instrument of incorporation of the open-ended investment company concerned and the prospectus in issue for the time being of that company (including any supplements to that prospectus).

(1)

Sections 468A to 468D were repealed by section 52 of, and Part IV of Schedule 19 to, the Finance Act 1990, sections 468E and 468EE were repealed by paragraph 10(3) of Schedule 6, and Part V(1) of Schedule 41, to the Finance Act 1996, and sections 468F and 468G were repealed by paragraph 4 of Schedule 14, and Part V(13) of Schedule 26, to the Finance Act 1994. Sections 468H to 468R were inserted by paragraph 2 of Schedule 14 to the Finance Act 1994.