Regulation 69R Notice: further provisions: quashing noticesF1

This regulation applies if any of conditions A to C are met.

Condition A is that an existing company notice is given, but the notice is not accompanied by the documents specified in regulation 69Q(3)(b).

Condition B is that a future company notice is given, but the notice is not accompanied by the documents specified in regulation 69Q(5)(b).

Condition C is that a person gives a notice under regulation 69O in circumstances where the documents supplied do not demonstrate that the open-ended investment company (or the proposed open-ended investment company) will meet all the conditions of membership of the Property AIF regime.

HM Revenue and Customs may give a notice (a “quashing notice”) quashing the notice given under regulation 69O—