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)

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)

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)

Authorised (in relation to unit trust schemes)

Regulation 5(2)

Authorised corporate director

Regulation 8

Authorised investment funds

Regulation 3

Capital profits, gains or losses (in Part 2)

Regulation 12

Chargeable measuring date (in Chapter 4 of Part 4)

Regulation 56(2)

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)

Creditor relationship

Regulation 8

Deduction obligation (in Part 4)

Regulation 26(3)

Derivative contract

Regulation 8

Difference in value (in Chapter 4 of Part 4)

Regulation 55(2)

Disposal (in Chapter 4 of Part 4)

Regulation 59

Distribution

Regulation 15(1)

Distribution accounts

Regulation 15(3)

Distribution date

Regulation 15(4)

Distribution period

Regulation 15(2)

Dividend distribution

Regulation 22(3)

Earlier measuring date (in Chapter 4 of Part 4)

Regulation 55(2)

Exchanged units (in Chapter 2 of Part 6)

Regulation 78(7)

First measuring date (in Chapter 4 of Part 4)

Regulation 64

Interest distribution

Regulation 18(3)

Investments

Regulation 8

Later measuring date (in Chapter 4 of Part 4)

Regulation 55(2)

Legal owner

Regulation 6(1)

Manager

Regulation 6(3)

Market value (in Chapter 4 of Part 4)

Regulation 55(4) and (5)

Measuring date (in Chapter 4 of Part 4)

Regulation 55

Net asset value

Regulation 8

Open-ended investment company

Regulation 4

Owner of shares

Regulation 8

Participant

Regulation 6(6)

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

Regulation 79(1)

Qualifying certificate

Regulation 35

Qualified investor scheme

Regulation 53(3)

Qualifying investments

Regulation 20

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

Regulation 21(3)

Relevant period (in Part 3)

Regulation 19(2)

Reporting date

Regulation 8

Residence declaration

Regulation 8

Scheme property

Regulation 6(2)

Securities (in Part 3)

Regulation 21(2)

Substantial QIS holding (in Chapter 4 of Part 4)

Regulation 54

Target trust (in Chapter 2 of Part 6)

Regulation 78(7)

Tax year

Regulation 8

Transfer date (in Chapter 2 of Part 6)

Regulation 78(7)

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)