# The Authorised Investment Funds (Tax) (Amendment No. 2) Regulations 2012, Regulation 3: Amendment of regulation 69C


After paragraph (3) of regulation 69C (key concepts) insert—
“(4) In this Part, a “dedicated feeder fund” in relation to a property AIF means a fund which—
(a) is a unit trust scheme;
(b) is dedicated to investment in the property AIF for which it is a feeder fund (in accordance with its prospectus); and
(c) holds at least 85% of its assets in the form of shares in that property AIF.”.

---
Source: https://www.legislation.gov.uk/uksi/2012/1783/regulation/3 (the official version)
Page: https://openlegislation.uk/authorised-investment-funds-tax-amendment-no-2-regulations-2012/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.