Regulation 5 Insertion of regulation 93A in the principal Regulations

Insert the following regulation after regulation 93 (modification of the Tax Acts: introduction)—

“Modifications of TMA 1970

93A.

(1)

TMA 1970 is modified as follows.

(2)

In section 98(4E) (special returns etc.)^f1—

(a)

in paragraph (a) for “trustees of an authorised unit trust” substitute “legal owner of an authorised investment fund”;

(b)

in paragraph (b)—

(i)

for “trustees” substitute “legal owner”, and

(ii)

for “do not comply” substitute “does not comply”; and

(c)

in paragraph (d) for “trustees” substitute “legal owner”.”.