PART 3REPORTING FUNDS AND THE TREATMENT OF PARTICIPANTS IN REPORTING FUNDS

CHAPTER 9THE PROVISION OF INFORMATION TO HMRC

Reporting requirements106

1

A reporting fund must provide the following information to HMRC in relation to each period of account—

a

its audited accounts (see Chapter 4);

b

its computation of its reportable income for the period of account based on its audited accounts (see Chapter 5);

c

a copy of the report made available to participants for each reporting period falling within the period of account (including, for each reporting period, the information specified in regulation 92(1));

d

the reported income of the fund for each reporting period falling within the period of account;

e

the amount actually distributed to participants in respect of each reporting period falling within the period of account;

f

the number of units in the fund in issue at the end of each reporting period falling within the period of account;

g

the amount of the reported income per unit of interest in the fund in respect of each reporting period falling within the period of account;

h

a declaration confirming that the fund has complied with the obligations specified in regulations 53 and 58.

2

The information specified in paragraph (1) must be provided within six months of the end of the period of account.