# The Authorised Investment Funds (Tax) (Amendment) Regulations 2010, Regulation 19: Amendment of regulation 69Z62


For sub-paragraph (b) of paragraph (2) of regulation 69Z62 (participants chargeable to corporation tax) substitute—
“(b) in regulation 50 (references to gross income) for “the net revenue before taxation shall be determined in accordance with the Statement of Recommended Practice” there shall be substituted “the amount attributed to TEF distributions (dividends) in accordance with regulation 69Z59 (allocation of income);”.”

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Source: https://www.legislation.gov.uk/uksi/2010/294/regulation/19 (the official version)
Page: https://openlegislation.uk/authorised-investment-funds-tax-amendment-regulations-2010/regulation-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.