# The Authorised Investment Funds (Tax) Regulations 2006, Regulation 69Z14: Allocation of income

Extent: E+W+S+N.I.

The total amount available for income allocation in an open-ended investment company to which this Part applies shall be attributed—
(a) first, to property income distributions up to the amount of the net income of F (tax-exempt) (determined in accordance with regulation 69Z1),
(b) secondly, to PAIF distributions (interest) up to the pre-distribution amount (determined in accordance with regulation 69Z3), and
(c) finally, to PAIF distributions (dividends).

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Source: https://www.legislation.gov.uk/uksi/2006/964/regulation/69Z14 (the official version)
Page: https://openlegislation.uk/authorised-investment-funds-tax-regulations-2006/regulation-69Z14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.