OpenLegislation

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—

(a)

the property investment business condition (see regulation 69E);

(b)

the genuine diversity of ownership condition (see regulation F29A);

(c)

the corporate ownership condition (see regulation 693K);

(d)

the loan creditor condition (see regulation 694M);

(e)

the balance of business conditions (see regulation 69N); and

(f)

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