SCHEDULEAbbreviations and Defined Expressions

PART 1Abbreviations of Acts

Annotations:
Amendments (Textual)

TMA 1970

The Taxes Management Act 1970 (c. 9).

ICTA

The Income and Corporation Taxes Act 1988 (c. 1)

TCGA 1992

The Taxation of Chargeable Gains Act 1992 (c. 12)

F2FA 1993

The Finance Act 1993 (c. 34)

F2FA 1994

The Finance Act 1994 (c. 9)

FA 1996

The Finance Act 1996 (c. 8)

FISMA 2000

The Financial Services and Markets Act 2000 (c. 8)

FA 2002

The Finance Act 2002 (c. 23).

ITEPA 2003

The Income Tax (Earnings and Pensions) Act 2003 (c. 1)

ITTOIA 2005

The Income Tax (Trading and Other Income) Act 2005 (c. 5)

F2FA 2006

The Finance Act 2006 (c. 25)

F2ITA 2007

The Income Tax Act 2007 (c. 3)

PART 2Index of expressions defined or otherwise explained in these Regulations

Annotations:
Amendments (Textual)
F4

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(i)

F5

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(ii)

F6

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(iii)

F7

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(iv)

F9

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(v)

F14

Words in Sch. Pt. 2 inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(c)

F10

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(vi)

F11

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(vii)

F12

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(viii)

F13

Words in Sch. Pt. 2 substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(b)

F8

Words in Sch. Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 3) Regulations 2008 (S.I. 2008/3159), regs. 1(1), 29(a)(ix)

Accumulation unit

Regulation 6(5)

Acquiring company (in Chapter 2 of Part 6)

Regulation 78(7)

Alternative finance arrangements (in Part 3)

Regulation 21(11)

F3Applicant (in Part 4A)

Regulation 69O(6)

Authorised (in relation to unit trust schemes)

Regulation 5(2)

Authorised corporate director

Regulation 8

Authorised investment funds

Regulation 3

F3Balance of business conditions (in Part 4A)

Regulation 69N

F3Body corporate (in Part 4A)

Regulation 69L(6)

Capital profits, gains or losses (in Part 2)

Regulation 12

F3Cessation (in Part 4A)

Regulation 69C(2)

F4. . .

F4. . .

Collective investment scheme

Regulation 8

Commissioners

Regulation 8

Consideration shares (in Chapter 2 of Part 6)

Regulation 78(7)

Contract for differences (in Part 3)

Regulation 21(9)

F3Corporate ownership condition (in Part 4A)

Regulation 69K

Creditor relationship

Regulation 8

Deduction obligation (in Part 4)

Regulation 26(3)

Derivative contract

Regulation 8

F5. . .

F5. . .

F6. . .

F6. . .

Distribution

Regulation 15(1)

Distribution accounts

Regulation 15(3)

Distribution date

Regulation 15(4)

Distribution period

Regulation 15(2)

Dividend distribution

Regulation 22(3)

F7. . .

F7. . .

F3Entry (in Part 4A)

Regulation 69C(1)

F3Excessive holding (in Part 4A)

Regulation 69Z13(3)

Exchanged units (in Chapter 2 of Part 6)

Regulation 78(7)

F3Existing company notice (in Part 4A)

Regulation 69O(6)

F9. . .

F9. . .

F3Future company notice (in Part 4A)

Regulation 69O(6)

F3F (post-cessation) (in Part 4A)

Regulation 69C(3)(d)

F3F (pre-entry) (in Part 4A)

Regulation 69C(3)(a)

F3F (residual) (in Part 4A)

Regulation 69C(3)(c)

F3F (tax-exempt) (in Part 4A)

Regulation 69C(3)(b)

F3Genuine diversity of ownership condition (in Part 4A)

Regulation 69J

F3Holder of excessive rights (in Part 4A)

Regulation 69Z13

F14instrument constituting the scheme

regulation 14B

Interest distribution

Regulation 18(3)

Investments

Regulation 8

F10. . .

F10. . .

Legal owner

Regulation 6(1)

F3Loan creditor condition (in Part 4A)

Regulation 69M

Manager

Regulation 6(3)

F11. . .

F11. . .

F12. . .

F12. . .

Net asset value

Regulation 8

F3Net income (in Part 4A)

Regulation 69Z

F3Net income of F (residual) (in Part 4A)

Regulation 69Z2

F3Net income of F (tax-exempt) (in Part 4A)

Regulation 69Z1

F3Newly qualified company (in Part 4A)

Regulation 69N(5)

Open-ended investment company

Regulation 4

Owner of shares

Regulation 8

F3PAIF distribution (dividends) (in Part 4A)

Regulation 69Z17(3)

F3PAIF distribution (interest) (in Part 4A)

Regulation 69Z16(3)

Participant

Regulation 6(6)

F3Pre-distribution amount (in Part 4A)

Regulation 69Z3

Pre-transfer accounting period (in Chapter 2 of Part 6)

Regulation 79(1)

F3Property AIF

Regulation 69A(2)

F3Property income distribution

Regulation 69Z15(4)

F3Property investment business (in Part 4A)

Regulation 69F(1)

F3Property rental business (in Part 4A)

Regulation 69H(1)

F3Prospectus (in Part 4A)

Regulation 69E(4)

Qualifying certificate

Regulation 35

Qualified investor scheme

Regulation F1314B(4)

Qualifying investments

Regulation 20

Qualifying units (in another authorised investment fund) (in Part 3)

Regulation 21(3)

F3Relevant distribution (in Chapter 6 of Part 4A)

Regulation 69Z29(1)(b)

Relevant period (in Part 3)

Regulation 19(2)

Reporting date

Regulation 8

F1reputable intermediary condition (in Part 4)

Regulation 27

F1residence condition (in Part 4)

Regulation 30

Residence declaration

Regulation 8

Scheme property

Regulation 6(2)

Securities (in Part 3)

Regulation 21(2)

F3Specified accounting period (in Part 4A)

Regulation 69Q(2)

F8. . .

F8. . .

Target trust (in Chapter 2 of Part 6)

Regulation 78(7)

Tax year

Regulation 8

F3Termination notice (in Part 4A)

Regulation 69Z37(1)

Transfer date (in Chapter 2 of Part 6)

Regulation 78(7)

F3UK-REIT

Regulation 69F(2).

Umbrella company

Regulation 7(1)

Umbrella scheme

Regulation 7(4)

Underlying subject matter (in Part 3)

Regulation 21(6)

Unit holder

Regulation 5(3)

Unit trust scheme

Regulation 5(1)

Units

Regulation 6(4)

The whole of the scheme property of an authorised unit trust that is available for transfer (in Chapter 2 of Part 6)

Regulation 78(7)