SCHEDULEAbbreviations and Defined Expressions

PART 1Abbreviations of Acts

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)

F1FA 1993

The Finance Act 1993 (c. 34)

F1FA 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)

F1FA 2006

The Finance Act 2006 (c. 25)

F1ITA 2007

The Income Tax Act 2007 (c. 3)

F2CTA 2009

The Corporation Tax Act 2009 (c. 4)

F3TIOPA 2010

The Taxation (International and Other Provisions) Act 2010 (c. 8)

F4FA 2012

The Finance Act 2012 (c. 14)

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

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)

F5Applicant (in Part 4A)

Regulation 69O(6)

F6Applicant (in Part 4B)

Regulation 69Z49(5)

F6Application (in Part 4B)

Regulation 69Z49(5)

Authorised (in relation to unit trust schemes)

Regulation 5(2)

Authorised corporate director

Regulation 8

Authorised investment funds

Regulation 3

F5Balance of business conditions (in Part 4A)

Regulation 69N

F5Body corporate (in Part 4A)

Regulation 69L(6)

Capital profits, gains or losses (in Part 2)

Regulation 12

F5Cessation (in Part 4A)

Regulation 69C(2)

F6Cessation (in Part 4B)

Regulation 69Z44

F7. . .

F7. . .

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)

F5Corporate ownership condition (in Part 4A)

Regulation 69K

Creditor relationship

Regulation 8

F8Dedicated feeder fund

Regulation 69C(4)

Deduction obligation (in Part 4)

Regulation 26(3)

Derivative contract

Regulation 8

F9. . .

F9. . .

F10. . .

F10. . .

F11. . .

F11. . .

F12Distribution

Regulation 15(1)(b)

F11. . .

F11. . .

Distribution date

Regulation 15(4)

F6Distribution income (in Part 4B)

Regulation 69Z56(1)(a)

Distribution period

Regulation 15(2)

F6Diversely owned AIF

Regulation 14E(2)

Dividend distribution

Regulation 22(3)

F13. . .

F13. . .

F12Elective FINROF (in Part 6A)

Regulation 85F

F5Entry (in Part 4A)

Regulation 69C(1)

F6Entry (in Part 4B)

Regulation 69Z44

F5Excessive holding (in Part 4A)

Regulation 69Z13(3)

Exchanged units (in Chapter 2 of Part 6)

Regulation 78(7)

F5Existing company notice (in Part 4A)

Regulation 69O(6)

F6Existing fund application (in Part 4B)

Regulation 69Z49(5)

F14. . .

F14. . .

F12FINROF (in Part 6A)

Regulation 85A

F6Fund documents

Regulation 9A(10)

F5Future company notice (in Part 4A)

Regulation 69O(6)

F6Future fund application (in Part 4B)

Regulation 69Z49(5)

F5F (post-cessation) (in Part 4A)

Regulation 69C(3)(d)

F5F (pre-entry) (in Part 4A)

Regulation 69C(3)(a)

F5F (residual) (in Part 4A)

Regulation 69C(3)(c)

F5F (tax-exempt) (in Part 4A)

Regulation 69C(3)(b)

F5Genuine diversity of ownership condition F15...

Regulation F169A

F12Gross asset value (in Part 6A)

Regulation 85C

F5Holder of excessive rights (in Part 4A)

Regulation 69Z13

F12Income allocation

Regulation 15(1)(a)

F6Information notice (in Part 4B)

Regulation 69Z67(2)

F6Instrument constituting the fund

Regulation 6(7)

F17instrument constituting the scheme

regulation F186(7)

Interest distribution

Regulation 18(3)

F12Investment condition (in Part 6A)

Regulation 85D

F6Investment transaction

Regulation 14E(5)

Investments

Regulation 8

F19. . .

F19. . .

Legal owner

Regulation 6(1)

F5Loan creditor condition (in Part 4A)

Regulation 69M

F6Loan creditor condition (in Part 4B)

Regulation 69Z47

Manager

Regulation 6(3)

F20. . .

F20. . .

F21. . .

F21. . .

Net asset value

Regulation 8

F5Net income (in Part 4A)

Regulation 69Z

F5Net income of F (residual) (in Part 4A)

Regulation 69Z2

F5Net income of F (tax-exempt) (in Part 4A)

Regulation 69Z1

F5Newly qualified company (in Part 4A)

Regulation 69N(5)

F22. . .

F22. . .

F23Non-reporting fund

Regulation 8

F22. . .

F22. . .

F23Offshore fund

Regulation 8

F22. . .

F22. . .

F23Offshore Funds Regulations

Regulation 8

Open-ended investment company

Regulation 4

Owner of shares

Regulation 8

F5PAIF distribution (dividends) (in Part 4A)

Regulation 69Z17(3)

F5PAIF distribution (interest) (in Part 4A)

Regulation 69Z16(3)

Participant

Regulation 6(6)

F5Pre-distribution amount (in Part 4A)

Regulation 69Z3

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

Regulation 79(1)

F5Property AIF

Regulation 69A(2)

F6Property condition (in Part 4B)

Regulation 69Z46

F6Property business income (in Part 4B)

Regulation 69Z56(1)(c)

F5Property income distribution

Regulation 69Z15(4)

F5Property investment business (in Part 4A)

Regulation 69F(1)

F6Property investment income (in Part 4B)

Regulation 69Z56(1)(b)

F5Property rental business (in Part 4A)

Regulation 69H(1)

F11. . .

F11. . .

F12Prospectus

Regulation 8

F5Qualifying certificate

Regulation 35

Qualified investor scheme

Regulation F2414B(4)

Qualifying investments

Regulation 20

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

Regulation 21(3)

F6Refusal notice (in Part 4B)

Regulation 69Z52(1)

F5Relevant distribution (in Chapter 6 of Part 4A)

Regulation 69Z29(1)(b)

Relevant period (in Part 3)

Regulation 19(2)

F23Reportable income

Regulation 8

Reporting date

Regulation 8

F22. . .

F22. . .

F23Reporting fund

Regulation 8

F25reputable intermediary condition (in Part 4)

Regulation 27

F25residence condition (in Part 4)

Regulation 30

Residence declaration

Regulation 8

Scheme property

Regulation 6(2)

Securities (in Part 3)

Regulation 21(2)

F5Specified accounting period (in Part 4A)

Regulation 69Q(2)

F6Specified accounting period (in Part 4B)

Regulation 69Z51(2)

F26. . .

F26. . .

F12Statement of Recommended Practice

Regulation 8

Target trust (in Chapter 2 of Part 6)

Regulation 78(7)

F6Tax Elected Fund

Regulation 69Z42(2)

Tax year

Regulation 8

F6TEF conditions (in Part 4B)

Regulation 69Z45(a)

F6TEF distribution (dividend) (in Part 4B)

Regulation 69Z60(3)

F6TEF distribution (non-dividend)

Regulation 69Z61(3)

F5Termination notice (in Part 4A)

Regulation 69Z37(1)

F6Termination notice (in Part 4B)

Regulation 69Z70(1)

Transfer date (in Chapter 2 of Part 6)

Regulation 78(7)

F5UK-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)