- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Authorised Investment Funds (Tax) Regulations 2006 No. 964
24. 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;
Chapter 4 imposes a charge to tax on substantial QIS holdings in qualified investor schemes.
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