PART 4THE TREATMENT OF PARTICIPANTS IN AUTHORISED INVESTMENT FUNDS
CHAPTER 1PRELIMINARY PROVISIONS
Structure of this Part24
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;
F1...
Funds excluded from the ambit of this Part25
This Part does not apply to an authorised investment fund if the fund—
a
is a registered pension scheme within the meaning of Part 4 of the Finance Act 2004 M1, or
b
is treated, under paragraph 1(1) of Schedule 36 to that Act, as having become such a scheme.