# The Authorised Investment Funds (Tax) (Amendment) Regulations 2010, Regulation 13: Amendment of regulation 23


(1) Regulation 23 (provisions applying if amounts available for distribution are de minimis) is amended as follows.
(2) For sub-paragraphs (a) and (b) of paragraph (3) substitute—
“(a) has calculated that the total income available for income allocations is a de minimis amount, and
(b) chooses to waive the allocation of that de minimis amount.”.
(3) In paragraph (7) for “shown in the fund’s distribution accounts as available for distribution” substitute “available for income allocation”.

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Source: https://www.legislation.gov.uk/uksi/2010/294/regulation/13 (the official version)
Page: https://openlegislation.uk/authorised-investment-funds-tax-amendment-regulations-2010/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.