# The Authorised Investment Funds (Tax) (Amendment) Regulations 2010, Regulation 15: Substitution of regulation 50


For regulation 50 (references to gross income) substitute—
“50. For the purposes of this Chapter, references to gross income are references to the net revenue before taxation determined in accordance with the Statement of Recommended Practice.”.

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Source: https://www.legislation.gov.uk/uksi/2010/294/regulation/15 (the official version)
Page: https://openlegislation.uk/authorised-investment-funds-tax-amendment-regulations-2010/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.