- Latest available (Revised)
- Point in Time (30/06/2008)
- Original (As made)
The Authorised Investment Funds (Tax) Regulations 2006
You are here:
- UK Statutory Instruments
- 2006 No. 964
- Schedules only
What Version
Advanced Features
- Show Geographical Extent(e.g. England, Wales, Scotland and Northern Ireland)
- Show Timeline of Changes
More Resources
Status:
Point in time view as at 30/06/2008.
Changes to legislation:
There are currently no known outstanding effects for the The Authorised Investment Funds (Tax) Regulations 2006.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
SCHEDULEU.K.Abbreviations and Defined Expressions
PART 1U.K.Abbreviations 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)] |
Textual Amendments
F1Words in Sch. Pt. 1 inserted (6.4.2008) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2008 (S.I. 2008/705), regs. 1, 6
PART 2U.K.Index 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) |
| [F2Applicant (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 |
| [F2Balance of business conditions (in Part 4A) | Regulation 69N] |
| [F2Body corporate (in Part 4A) | Regulation 69L(6)] |
| Capital profits, gains or losses (in Part 2) | Regulation 12 |
| [F2Cessation (in Part 4A) | Regulation 69C(2)] |
| 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) |
| [F2Corporate ownership condition (in Part 4A) | Regulation 69K] |
| 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) |
| [F2Entry (in Part 4A) | Regulation 69C(1)] |
| [F2Excessive holding (in Part 4A) | Regulation 69Z13(3)] |
| Exchanged units (in Chapter 2 of Part 6) | Regulation 78(7) |
| [F2Existing company notice (in Part 4A) | Regulation 69O(6)] |
| First measuring date (in Chapter 4 of Part 4) | Regulation 64 |
| [F2Future company notice (in Part 4A) | Regulation 69O(6)] |
| [F2F (post-cessation) (in Part 4A) | Regulation 69C(3)(d)] |
| [F2F (pre-entry) (in Part 4A) | Regulation 69C(3)(a)] |
| [F2F (residual) (in Part 4A) | Regulation 69C(3)(c)] |
| [F2F (tax-exempt) (in Part 4A) | Regulation 69C(3)(b)] |
| [F2Genuine diversity of ownership condition (in Part 4A) | Regulation 69J] |
| [F2Holder of excessive rights (in Part 4A) | Regulation 69Z13] |
| 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) |
| [F2Loan creditor condition (in Part 4A) | Regulation 69M] |
| 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 |
| [F2Net income (in Part 4A) | Regulation 69Z] |
| [F2Net income of F (residual) (in Part 4A) | Regulation 69Z2] |
| [F2Net income of F (tax-exempt) (in Part 4A) | Regulation 69Z1] |
| [F2Newly qualified company (in Part 4A) | Regulation 69N(5)] |
| Open-ended investment company | Regulation 4 |
| Owner of shares | Regulation 8 |
| [F2PAIF distribution (dividends) (in Part 4A) | Regulation 69Z17(3)] |
| [F2PAIF distribution (interest) (in Part 4A) | Regulation 69Z16(3)] |
| Participant | Regulation 6(6) |
| [F2Pre-distribution amount (in Part 4A) | Regulation 69Z3] |
| Pre-transfer accounting period (in Chapter 2 of Part 6) | Regulation 79(1) |
| [F2Property AIF | Regulation 69A(2)] |
| [F2Property income distribution | Regulation 69Z15(4)] |
| [F2Property investment business (in Part 4A) | Regulation 69F(1)] |
| [F2Property rental business (in Part 4A) | Regulation 69H(1)] |
| [F2Prospectus (in Part 4A) | Regulation 69E(4)] |
| 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) |
| [F2Relevant distribution (in Chapter 6 of Part 4A) | Regulation 69Z29(1)(b)] |
| Relevant period (in Part 3) | Regulation 19(2) |
| Reporting date | Regulation 8 |
| [F3reputable intermediary condition (in Part 4) | Regulation 27] |
| [F3residence condition (in Part 4) | Regulation 30] |
| Residence declaration | Regulation 8 |
| Scheme property | Regulation 6(2) |
| Securities (in Part 3) | Regulation 21(2) |
| [F2Specified accounting period (in Part 4A) | Regulation 69Q(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 |
| [F2Termination notice (in Part 4A) | Regulation 69Z37(1)] |
| Transfer date (in Chapter 2 of Part 6) | Regulation 78(7) |
| [F2UK-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) |
Textual Amendments
F2Words in Sch. Pt. 2 inserted (6.4.2008) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2008 (S.I. 2008/705), regs. 1, 7
F3Words in Sch. Pt. 2 inserted (6.4.2007) by The Authorised Investment Funds (Tax) (Amendment No. 2) Regulations 2007 (S.I. 2007/794), regs. 1(1), 7
Options/Help
Print Options
PrintThe Whole Instrument
PrintThe Schedules only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
See additional information alongside the content
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Memorandum
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as made version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.