The Authorised Investment Funds (Tax) Regulations 2006

Modifications of FA 1996U.K.

This section has no associated Explanatory Memorandum

95.—(1) FA 1996 is modified as follows.

(2) In paragraph 4 of Schedule 10 (loan relationships: collective investment schemes: company holdings in unit trusts and offshore funds) M1

(a)in sub-paragraph (1)(a) the words “ , open-ended investment company ” are treated as inserted after the words “unit trust scheme”,

(b)in sub-paragraph (1)(b) the word “ , company ” is treated as inserted after the word “scheme”, and

(c)in sub-paragraph (4) the words “ or open-ended investment company ” are treated as inserted after the words “authorised unit trust”.

Marginal Citations

M1Paragraph 4 was amended by paragraph 41 of Schedule 10 to the Finance Act 2004 (c. 12).