Schedules

Schedule 4Investment vehicles

Part 3Qualifying asset holding companies

11Dealing with bodies corporate without share capital

1

In paragraph 9 (qualifying funds)—

a

in sub-paragraph (2)(a), in the words before sub-paragraph (i), after “scheme” insert “, or is an AIF that is not a collective investment scheme only by reason of it being a body corporate,”;

b

in sub-paragraph (5)—

i

in paragraph (a), after “company”, in the first place it occurs, insert “that has share capital”;

ii

in paragraph (b)(i), after “company” insert “that has share capital”;

c

in sub-paragraph (6), after “collective investment scheme” insert “, or is an AIF that is not a collective investment scheme only by reason of it being a body corporate,”.

2

Schedule 2 to FA 2022 has effect, and is to be deemed always to have had effect, with the amendment made by this paragraph.