Regulation 69D Conditions for this Part to apply to companyF1
United Kingdom
In order for this Part to apply to an open-ended investment company in respect of an accounting period, the following conditions must be met—
the property investment business condition (see regulation 69E);
the genuine diversity of ownership condition (see regulation F29A);
the corporate ownership condition (see regulation 693K);
the loan creditor condition (see regulation 694M);
the balance of business conditions (see regulation 69N); and
the notification condition (see regulation 69O).
Annotations
Textual amendments
- F1
Pt. 4A inserted (6.4.2008) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2008 (S.I. 2008/705), regs. 1, 5
- F2
Word in reg. 69D(b) substituted (1.9.2009) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2009 (S.I. 2009/2036), regs. 1, 15