The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008

Amendment of regulation 10

This adran has no associated Memorandwm Esboniadol

5.  After paragraph (3) of regulation 10 (general rule for loan relationships: exclusion of capital profits, gains or losses) insert—

(4) This regulation is subject to regulation 14B (tax treatment of qualified investor schemes..