Consequential amendments
This section has no associated Explanatory Memorandum
7.—(1) The Authorised Investment Funds (Tax) Regulations 2006(1) are amended as follows.
(2) In regulation 14E (tax treatment of diversely owned AIFs)(2), in paragraph (5), for “regulation 14F” substitute “regulation 2 of the Investment Transactions (Tax) Regulations 2014”.
(3) Omit regulations 14F to 14N.
(4) In Part 2 of the Schedule, omit the definition of “investment transaction”.
(1)
S.I. 2006/964, amended by S.I. 2009/2036; there are other amending instruments but none is relevant.
(2)
Regulations 14E to 14N and the definition of investment transaction were inserted by S.I. 2009/2036.